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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Rental revenue $ 690,418 $ 679,015 $ 709,508
Fee and other income 36,368 35,222 34,246
Total revenues 726,786 714,237 743,754
Expenses:      
Operating 265,438 267,587 264,702
Depreciation and amortization 232,487 235,200 240,104
General and administrative 59,132 64,917 68,556
Transaction related costs 916 1,096 1,999
Total expenses 557,973 568,800 575,361
Other income (expense):      
Loss from unconsolidated joint ventures (24,896) (18,619) (4,706)
Income (loss) from unconsolidated real estate funds 782 272 (343)
Interest and other income, net 3,017 4,490 9,844
Interest and debt expense (142,014) (144,208) (156,679)
Loss on early extinguishment of debt     (11,989)
Income (loss) from continuing operations, before income taxes 5,702 (12,628) 4,520
Income tax expense (3,643) (1,493) (312)
Income (loss) from continuing operations, net 2,059 (14,121) 4,208
Loss from discontinued operations, net   (5,075) (33,811)
Net income (loss) 2,059 (19,196) (29,603)
Less net (income) loss attributable to noncontrolling interests in:      
Consolidated joint ventures (21,538) (9,257) (11,022)
Consolidated real estate fund (2,893) 1,450 (313)
Operating Partnership 2,018 2,299 4,039
Net loss attributable to common stockholders $ (20,354) $ (24,704) $ (36,899)
Loss per Common Share - Basic:      
Loss from continuing operations, net $ (0.09) $ (0.09) $ (0.03)
Loss from discontinued operations, net   (0.02) (0.13)
Net loss per common share $ (0.09) $ (0.11) $ (0.16)
Weighted average common shares outstanding 218,701,249 222,436,170 231,538,065
Loss per Common Share - Diluted:      
Loss from continuing operations, net $ (0.09) $ (0.09) $ (0.03)
Loss from discontinued operations, net   (0.02) (0.13)
Net loss per common share $ (0.09) $ (0.11) $ (0.16)
Weighted average common shares outstanding 218,701,249 222,436,170 231,538,065