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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Rental revenue $ 181,140 $ 182,722 $ 363,756 $ 360,401
Fee and other income 7,443 8,697 16,619 15,289
Total revenues 188,583 191,419 380,375 375,690
Expenses:        
Operating 67,572 67,646 135,953 136,624
Depreciation and amortization 62,625 64,775 125,714 129,931
General and administrative 17,695 17,195 35,138 29,826
Transaction related costs 182 293 918 413
Total expenses 148,074 149,909 297,723 296,794
Other income (expense):        
(Loss) income from unconsolidated joint ventures (456) 2,521 (1,483) 2,459
Income (loss) from unconsolidated real estate funds 19 (14) 65 (80)
Interest and other income, net 2,583 2,094 6,483 4,110
Interest and debt expense (37,213) (36,809) (74,137) (72,891)
Real estate impairment loss   (46,000)   (46,000)
Net income (loss) before income taxes 5,442 (36,698) 13,580 (33,506)
Income tax (expense) benefit (268) 120 (1,406) (357)
Net income (loss) 5,174 (36,578) 12,174 (33,863)
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures (2,408) (1,752) (5,202) (2,807)
Consolidated real estate fund (53) (152) (147) (582)
Operating Partnership (258) 3,666 (661) 3,550
Net income (loss) attributable to common stockholders $ 2,455 $ (34,816) $ 6,164 $ (33,702)
Income (loss) per Common Share - Basic:        
Income (loss) per common share $ 0.01 $ (0.14) $ 0.03 $ (0.14)
Weighted average shares outstanding 234,329,904 240,336,485 233,877,117 240,324,183
Income (loss) per Common Share - Diluted:        
Income (loss) per common share $ 0.01 $ (0.14) $ 0.03 $ (0.14)
Weighted average shares outstanding 234,355,864 240,336,485 233,908,236 240,324,183