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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Rental revenue $ 679,015 $ 709,508 $ 677,138
Fee and other income 35,222 34,246 30,533
Total revenues 714,237 743,754 707,671
Expenses:      
Operating 267,587 264,702 254,697
Depreciation and amortization 235,200 240,104 240,868
General and administrative 64,917 68,556 57,563
Transaction related costs 1,096 1,999 1,471
Total expenses 568,800 575,361 554,599
Other income (expense):      
(Loss) income from unconsolidated joint ventures (18,619) (4,706) 3,468
Income (loss) from unconsolidated real estate funds 272 (343) (269)
Interest and other income, net 4,490 9,844 7,936
Interest and debt expense (144,208) (156,679) (147,653)
Loss on early extinguishment of debt   (11,989)  
(Loss) income from continuing operations, before income taxes (12,628) 4,520 16,554
Income tax expense (1,493) (312) (3,139)
(Loss) income from continuing operations, net (14,121) 4,208 13,415
(Loss) income from discontinued operations, net (5,075) (33,811) 5,578
Net (loss) income (19,196) (29,603) 18,993
Less net (income) loss attributable to noncontrolling interests in:      
Consolidated joint ventures (9,257) (11,022) (8,182)
Consolidated real estate fund 1,450 (313) (720)
Operating Partnership 2,299 4,039 (944)
Net (loss) income attributable to common stockholders $ (24,704) $ (36,899) $ 9,147
(Loss) income per Common Share - Basic:      
(Loss) income from continuing operations, net $ (0.09) $ (0.03) $ 0.02
(Loss) income from discontinued operations, net (0.02) (0.13) 0.02
Net (loss) income per common share $ (0.11) $ (0.16) $ 0.04
Weighted average common shares outstanding 222,436,170 231,538,065 239,526,694
(Loss) income per Common Share - Diluted:      
(Loss) income from continuing operations, net $ (0.09) $ (0.03) $ 0.02
(Loss) income from discontinued operations, net (0.02) (0.13) 0.02
Net (loss) income per common share $ (0.11) $ (0.16) $ 0.04
Weighted average common shares outstanding 222,436,170 231,538,065 239,555,636