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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental revenue $ 163,989 $ 174,044 $ 339,414 $ 349,385
Fee and other income 7,129 7,299 15,690 16,347
Total revenues 171,118 181,343 355,104 365,732
Expenses:        
Operating 64,313 64,736 131,327 130,197
Depreciation and amortization 58,716 60,277 117,143 120,989
General and administrative 17,901 17,695 30,150 35,138
Transaction related costs 258 182 461 918
Total expenses 141,188 142,890 279,081 287,242
Other income (expense):        
Loss from unconsolidated joint ventures (5,955) (456) (10,176) (1,483)
Income from unconsolidated real estate funds 89 19 141 65
Interest and other income, net 2,252 2,583 1,256 6,483
Interest and debt expense (36,009) (37,213) (72,628) (74,137)
(Loss) income from continuing operations, before income taxes (9,693) 3,386 (5,384) 9,418
Income tax expense (138) (268) (742) (1,406)
(Loss) income from continuing operations, net (9,831) 3,118 (6,126) 8,012
Income from discontinued operations, net 2,147 2,056 3,668 4,162
Net (loss) income (7,684) 5,174 (2,458) 12,174
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures (405) (2,408) (1,919) (5,202)
Consolidated real estate fund 1,235 (53) 1,212 (147)
Operating Partnership 584 (258) 243 (661)
Net (loss) income attributable to common stockholders $ (6,270) $ 2,455 $ (2,922) $ 6,164
(Loss) income per Common Share - Basic:        
(Loss) income from continuing operations, net $ (0.04) $ 0.00 $ (0.03) $ 0.01
Income from discontinued operations, net 0.01 0.01 0.02 0.02
Net (loss) income per common share $ (0.03) $ 0.01 $ (0.01) $ 0.03
Weighted average common shares outstanding 221,573,199 234,329,904 224,671,206 233,877,117
(Loss) income per Common Share - Diluted:        
(Loss) income from continuing operations, net $ (0.04) $ (0.00) $ (0.03) $ 0.01
Income from discontinued operations, net 0.01 0.01 0.02 0.02
Net (loss) income per common share $ (0.03) $ 0.01 $ (0.01) $ 0.03
Weighted average common shares outstanding 221,573,199 234,355,864 224,671,206 233,908,236