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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Rental income $ 667,360,000 $ 628,883,000 $ 590,161,000
Tenant reimbursement income 56,950,000 52,418,000 44,943,000
Fee and other income 34,651,000 37,666,000 48,237,000
Total revenues 758,961,000 718,967,000 683,341,000
EXPENSES:      
Operating 274,078,000 266,136,000 250,040,000
Depreciation and amortization 258,225,000 266,037,000 269,450,000
General and administrative 57,563,000 61,577,000 53,510,000
Transaction related costs 1,471,000 2,027,000 2,404,000
Real estate impairment loss 46,000,000    
Total expenses 637,337,000 595,777,000 575,404,000
Operating income 121,624,000 123,190,000 107,937,000
Income from unconsolidated joint ventures 3,468,000 20,185,000 7,413,000
Loss from unconsolidated real estate funds (269,000) (6,143,000) (498,000)
Interest and other income (loss), net 8,117,000 (9,031,000) 6,934,000
Interest and debt expense (147,653,000) (143,762,000) (153,138,000)
Loss on early extinguishment of debt   (7,877,000) (4,608,000)
Gain on sale of real estate 36,845,000 133,989,000  
Unrealized gain on interest rate swaps   1,802,000 39,814,000
Net income before income taxes 22,132,000 112,353,000 3,854,000
Income tax expense (3,139,000) (5,177,000) (1,785,000)
Net income 18,993,000 107,176,000 2,069,000
Less net (income) loss attributable to noncontrolling interests in:      
Consolidated joint ventures (8,182,000) 10,365,000 (15,423,000)
Consolidated real estate fund (720,000) (19,797,000) 1,316,000
Operating Partnership (944,000) (11,363,000) 2,104,000
Net income (loss) attributable to common stockholders $ 9,147,000 $ 86,381,000 $ (9,934,000)
INCOME (LOSS) PER COMMON SHARE - BASIC:      
Income (loss) per common share $ 0.04 $ 0.37 $ (0.05)
Weighted average shares outstanding 239,526,694 236,372,801 218,053,062
INCOME (LOSS) PER COMMON SHARE - DILUTED:      
Income (loss) per common share $ 0.04 $ 0.37 $ (0.05)
Weighted average shares outstanding 239,555,636 236,401,548 218,053,062