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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Rental revenue $ 174,628 $ 163,989 $ 347,774 $ 339,414
Fee and other income 7,641 7,129 15,661 15,690
Total revenues 182,269 171,118 363,435 355,104
Expenses:        
Operating 64,072 64,313 130,690 131,327
Depreciation and amortization 59,925 58,716 118,230 117,143
General and administrative 18,418 17,901 32,782 30,150
Transaction related costs 135 258 416 461
Total expenses 142,550 141,188 282,118 279,081
Other income (expense):        
Loss from unconsolidated joint ventures (15,717) (5,955) (21,033) (10,176)
Income from unconsolidated real estate funds 148 89 328 141
Interest and other income, net 1,070 2,252 2,372 1,256
Interest and debt expense (34,914) (36,009) (69,653) (72,628)
Loss from continuing operations, before income taxes (9,694) (9,693) (6,669) (5,384)
Income tax expense (434) (138) (1,575) (742)
Loss from continuing operations, net (10,128) (9,831) (8,244) (6,126)
Income from discontinued operations, net   2,147   3,668
Net loss (10,128) (7,684) (8,244) (2,458)
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures (7,428) (405) (13,156) (1,919)
Consolidated real estate fund 29 1,235 (56) 1,212
Operating Partnership 1,584 584 1,935 243
Net loss attributable to common stockholders $ (15,943) $ (6,270) $ (19,521) $ (2,922)
(Loss) Income per Common Share - Basic        
Loss from continuing operations, net $ (0.07) $ (0.04) $ (0.09) $ (0.03)
Income from discontinued operations, net   0.01   0.02
Net loss per common share $ (0.07) $ (0.03) $ (0.09) $ (0.01)
Weighted average common shares outstanding 218,696,284 221,573,199 218,681,228 224,671,206
(Loss) Income per Common Share - Diluted        
Loss from continuing operations, net $ (0.07) $ (0.04) $ (0.09) $ (0.03)
Income from discontinued operations, net   0.01   0.02
Net loss per common share $ (0.07) $ (0.03) $ (0.09) $ (0.01)
Weighted average common shares outstanding 218,696,284 221,573,199 218,681,228 224,671,206