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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Rental revenues and other property income $ 459,184 $ 443,326 $ 1,358,728 $ 1,320,408
Expenses:        
Property operating and maintenance 177,997 175,491 511,915 502,411
Property management expense 14,824 15,872 43,725 47,053
General and administrative 17,972 16,405 46,626 58,899
Interest expense 87,713 89,067 258,541 278,756
Depreciation and amortization 138,147 133,315 410,440 399,955
Impairment and other 1,723 4,740 4,670 11,803
Total expenses 438,376 434,890 1,275,917 1,298,877
Other, net (3,049) 4,735 2,035 8,470
Gain on sale of property, net of tax 15,106 20,812 41,473 64,556
Net income 32,865 33,983 126,319 94,557
Net income attributable to non-controlling interests (211) (276) (806) (1,086)
Net income attributable to common stockholders 32,654 33,707 125,513 93,471
Net income available to participating securities (114) (91) (335) (306)
Net income available to common stockholders — basic and diluted (Note 12) $ 32,540 $ 33,616 $ 125,178 $ 93,165
Weighted average common shares outstanding — basic 560,598,995 537,771,245 550,722,684 528,209,033
Weighted average common shares outstanding — diluted 561,871,373 538,644,888 551,947,278 529,160,353
Net income per common share — basic $ 0.06 $ 0.06 $ 0.23 $ 0.18
Net income per common share — diluted $ 0.06 $ 0.06 $ 0.23 $ 0.18