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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES:        
Rental income $ 156,384 $ 149,019 $ 469,961 $ 445,452
Tenant reimbursement income 14,053 11,978 38,761 33,101
Fee and other income 9,333 10,321 29,988 37,986
Total revenues 179,770 171,318 538,710 516,539
EXPENSES:        
Operating 68,264 64,025 197,696 186,964
Depreciation and amortization 66,515 66,376 198,143 208,475
General and administrative 14,470 13,235 44,624 39,335
Transaction related costs 274 282 1,051 1,725
Total expenses 149,523 143,918 441,514 436,499
Operating income 30,247 27,400 97,196 80,040
Income from unconsolidated joint ventures 671 1,792 19,143 5,291
Loss from unconsolidated real estate funds (3,930) (1,254) (6,053) (2,540)
Interest and other (loss) income, net (17,668) 2,299 (11,982) 5,029
Interest and debt expense (35,733) (38,278) (107,568) (113,406)
Loss on early extinguishment of debt     (7,877)  
Gain on sale of real estate     133,989  
Unrealized gain on interest rate swaps   12,728 1,802 29,661
Net (loss) income before income taxes (26,413) 4,687 118,650 4,075
Income tax benefit (expense) 1,010 (218) (4,242) 817
Net (loss) income (25,403) 4,469 114,408 4,892
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures 14,217 (4,703) 11,029 (10,062)
Consolidated real estate fund (114) 67 (20,195) 819
Operating Partnership 1,086 28 (12,068) 906
Net (loss) income attributable to common stockholders $ (10,214) $ (139) $ 93,174 $ (3,445)
(LOSS) INCOME PER COMMON SHARE - BASIC:        
(Loss) income per common share $ (0.04) $ 0.00 $ 0.40 $ (0.02)
Weighted average shares outstanding 239,445,810 219,394,245 235,151,398 216,317,746
(LOSS) INCOME PER COMMON SHARE - DILUTED:        
(Loss) income per common share $ (0.04) $ 0.00 $ 0.40 $ (0.02)
Weighted average shares outstanding 239,445,810 219,394,245 235,177,683 216,317,746
DIVIDENDS PER COMMON SHARE $ 0.095 $ 0.095 $ 0.285 $ 0.285