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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Rental revenues and other property income $ 449,755 $ 441,582 $ 899,544 $ 877,082
Expenses:        
Property operating and maintenance 167,002 166,574 333,918 326,920
Property management expense 14,529 16,021 28,901 31,181
General and administrative 14,426 15,956 28,654 42,494
Interest expense 86,071 95,706 170,828 189,689
Depreciation and amortization 137,266 133,031 272,293 266,640
Impairment and other (180) 1,671 2,947 7,063
Total expenses 419,114 428,959 837,541 863,987
Other, net 1,370 610 5,084 3,735
Gain on sale of property, net of tax 11,167 26,172 26,367 43,744
Net income 43,178 39,405 93,454 60,574
Net income attributable to non-controlling interests (275) (463) (595) (810)
Net income attributable to common stockholders 42,903 38,942 92,859 59,764
Net income available to participating securities (119) (109) (221) (215)
Net income available to common stockholders — basic and diluted (Note 12) $ 42,784 $ 38,833 $ 92,638 $ 59,549
Weighted average common shares outstanding — basic 548,811,968 525,070,036 545,680,740 523,265,455
Weighted average common shares outstanding — diluted 549,920,213 525,933,643 546,836,809 524,190,469
Net income per common share — basic $ 0.08 $ 0.07 $ 0.17 $ 0.11
Net income per common share — diluted $ 0.08 $ 0.07 $ 0.17 $ 0.11