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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Rental income $ 155,390 $ 141,252
Tenant reimbursement income 12,852 10,789
Fee and other income 12,994 20,877
Total revenues 181,236 172,918
EXPENSES:    
Operating 65,971 62,945
Depreciation and amortization 62,992 74,812
General and administrative 13,581 13,961
Transaction related costs 275 935
Total expenses 142,819 152,653
Operating income 38,417 20,265
Income from unconsolidated joint ventures 1,937 1,496
Income (loss) from unconsolidated real estate funds 288 (326)
Interest and other income, net 3,200 1,700
Interest and debt expense (39,733) (37,119)
Unrealized gain on interest rate swaps 1,802 6,860
Net income (loss) before income taxes 5,911 (7,124)
Income tax expense 4,282 363
Net income (loss) 1,629 (7,487)
Less net (income) loss attributable to noncontrolling interests in:    
Consolidated real estate fund 88 674
Consolidated joint ventures (1,291) (1,252)
Operating Partnership (54) 1,571
Net income (loss) attributable to common stockholders $ 372 $ (6,494)
INCOME (LOSS) PER COMMON SHARE - BASIC:    
Income (loss) per common share $ 0.00 $ (0.03)
Weighted average shares outstanding 230,924,271 212,403,593
INCOME (LOSS) PER COMMON SHARE - DILUTED:    
Income (loss) per common share $ 0.00 $ (0.03)
Weighted average shares outstanding 230,958,441 212,403,593
DIVIDENDS PER COMMON SHARE $ 0.095 $ 0.095