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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Rental revenue $ 170,851 $ 165,420 $ 518,625 $ 504,834
Fee and other income 8,280 11,355 23,941 27,045
Total revenues 179,131 176,775 542,566 531,879
Expenses:        
Operating 67,131 67,865 197,821 199,192
Depreciation and amortization 57,522 58,889 175,752 176,032
General and administrative 13,257 16,805 46,039 46,955
Transaction related costs 87 81 503 542
Total expenses 137,997 143,640 420,115 422,721
Other income (expense):        
Income (loss) from unconsolidated joint ventures 223 (4,268) (20,810) (14,444)
Income (loss) from unconsolidated real estate funds 276 (56) 604 85
Interest and other income, net 138 1,104 2,510 2,360
Interest and debt expense (36,266) (35,792) (105,919) (108,420)
Income (loss) from continuing operations, before income taxes 5,505 (5,877) (1,164) (11,261)
Income tax expense (873) (393) (2,448) (1,135)
Income (loss) from continuing operations, net 4,632 (6,270) (3,612) (12,396)
Income from discontinued operations, net   2,147   5,815
Net income (loss) 4,632 (4,123) (3,612) (6,581)
Less net (income) loss attributable to noncontrolling interests in:        
Consolidated joint ventures (3,768) (3,566) (16,924) (5,485)
Consolidated real estate fund (3,123) 79 (3,179) 1,291
Operating Partnership 204 652 2,139 895
Net loss attributable to common stockholders $ (2,055) $ (6,958) $ (21,576) $ (9,880)
(Loss) Income per Common Share - Basic        
Loss from continuing operations, net $ (0.01) $ (0.04) $ (0.10) $ (0.07)
Income from discontinued operations, net   0.01   0.03
Net loss per common share $ (0.01) $ (0.03) $ (0.10) $ (0.04)
Weighted average common shares outstanding 218,706,356 221,461,146 218,689,696 223,593,376
(Loss) Income per Common Share - Diluted        
Loss from continuing operations, net $ (0.01) $ (0.04) $ (0.10) $ (0.07)
Income from discontinued operations, net   0.01   0.03
Net loss per common share $ (0.01) $ (0.03) $ (0.10) $ (0.04)
Weighted average common shares outstanding 218,706,356 221,461,146 218,689,696 223,593,376