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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUES:        
Rental income $ 169,529,000 $ 158,187,000 $ 332,934,000 $ 313,577,000
Tenant reimbursement income 13,164,000 11,856,000 27,410,000 24,708,000
Fee and other income 8,726,000 7,661,000 15,346,000 20,655,000
Total revenues 191,419,000 177,704,000 375,690,000 358,940,000
EXPENSES:        
Operating 67,646,000 63,461,000 136,624,000 129,432,000
Depreciation and amortization 64,775,000 68,636,000 129,931,000 131,628,000
General and administrative 17,195,000 16,573,000 29,826,000 30,154,000
Transaction related costs 293,000 502,000 413,000 777,000
Real estate impairment loss 46,000,000   46,000,000  
Total expenses 195,909,000 149,172,000 342,794,000 291,991,000
Operating (loss) income (4,490,000) 28,532,000 32,896,000 66,949,000
Income from unconsolidated joint ventures 2,521,000 16,535,000 2,459,000 18,472,000
Loss from unconsolidated real estate funds (14,000) (2,411,000) (80,000) (2,123,000)
Interest and other income, net 2,094,000 2,486,000 4,110,000 5,686,000
Interest and debt expense (36,809,000) (34,817,000) (72,891,000) (71,835,000)
Loss on early extinguishment of debt   (5,162,000)   (7,877,000)
Gain on sale of real estate   133,989,000   133,989,000
Unrealized gain on interest rate swaps       1,802,000
Net (loss) income before income taxes (36,698,000) 139,152,000 (33,506,000) 145,063,000
Income tax benefit (expense) 120,000 (970,000) (357,000) (5,252,000)
Net (loss) income (36,578,000) 138,182,000 (33,863,000) 139,811,000
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures (1,752,000) (1,897,000) (2,807,000) (3,188,000)
Consolidated real estate fund (152,000) (20,169,000) (582,000) (20,081,000)
Operating Partnership 3,666,000 (13,100,000) 3,550,000 (13,154,000)
Net (loss) income attributable to common stockholders $ (34,816,000) $ 103,016,000 $ (33,702,000) $ 103,388,000
(LOSS) INCOME PER COMMON SHARE - BASIC:        
(Loss) income per common share $ (0.14) $ 0.44 $ (0.14) $ 0.44
Weighted average shares outstanding 240,336,485 234,990,468 240,324,183 232,968,602
(LOSS) INCOME PER COMMON SHARE - DILUTED:        
(Loss) income per common share $ (0.14) $ 0.44 $ (0.14) $ 0.44
Weighted average shares outstanding 240,336,485 235,010,830 240,324,183 232,995,822
DIVIDENDS PER COMMON SHARE $ 0.10 $ 0.095 $ 0.20 $ 0.190