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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Rental revenue $ 169,922 $ 173,146
Fee and other income 13,763 8,020
Total revenues 183,685 181,166
Expenses:    
Operating 66,661 66,618
Depreciation and amortization 55,624 58,305
General and administrative 15,645 14,364
Transaction related costs 117 281
Total expenses 138,047 139,568
Other income (expense):    
Loss from unconsolidated joint ventures (5,113) (5,316)
Income from unconsolidated real estate funds 170 180
Interest and other income, net 231 1,302
Interest and debt expense (34,277) (34,739)
Net income before income taxes 6,649 3,025
Income tax expense (527) (1,141)
Net income 6,122 1,884
Less net (income) loss attributable to noncontrolling interests in:    
Consolidated joint ventures (3,425) (5,728)
Consolidated real estate fund 1,016 (85)
Operating Partnership (342) 351
Net income (loss) attributable to common stockholders $ 3,371 $ (3,578)
Income (Loss) per Common Share - Basic:    
Income (loss) per common share $ 0.02 $ (0.02)
Weighted average shares outstanding 218,782,296 218,666,005
Income (Loss) per Common Share - Diluted:    
Income (loss) per common share $ 0.02 $ (0.02)
Weighted average shares outstanding 218,840,094 218,666,005