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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUE        
Property rental $ 118,680 $ 123,963 $ 354,519 $ 365,702
Third-party real estate services, including reimbursements 26,987 34,587 83,870 91,765
Other revenue 5,368 8,527 15,705 25,426
Total revenue 151,035 167,077 454,094 482,893
EXPENSES        
Depreciation and amortization 56,481 46,862 157,586 141,576
Property operating 37,572 35,800 105,867 100,087
Real estate taxes 17,354 16,740 53,422 52,241
General and administrative:        
Corporate and other 11,086 11,015 37,478 34,888
Third-party real estate services 28,207 29,809 86,260 86,585
Share-based compensation related to Formation Transaction and special equity awards 7,133 9,549 25,432 30,203
Transaction and other costs 845 2,059 7,526 9,928
Total expenses 158,678 151,834 473,571 455,508
OTHER INCOME (EXPENSE)        
Income (loss) from unconsolidated real estate ventures, net (965) (1,144) (17,142) 647
Interest and other income (loss), net   (640) 1,021 2,363
Interest expense (16,885) (10,583) (44,660) (40,864)
Gain on sale of real estate   8,088 59,477 47,121
Loss on extinguishment of debt     (33) (1,889)
Total other income (expense) (17,850) (4,279) (1,337) 7,378
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT (25,493) 10,964 (20,814) 34,763
Income tax (expense) benefit 488 (432) 3,721 689
NET INCOME (LOSS) (25,005) 10,532 (17,093) 35,452
Net (income) loss attributable to redeemable noncontrolling interests 2,212 (1,172) 445 (4,271)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (22,793) $ 9,360 $ (16,648) $ 31,181
EARNINGS (LOSS) PER COMMON SHARE:        
Earnings, (loss) Per Share, Basic $ (0.18) $ 0.06 $ (0.14) $ 0.23
Earnings, (loss) Per Share, Diluted $ (0.18) $ 0.06 $ (0.14) $ 0.23
Weighted average number of common shares outstanding - basic 133,620 134,127 133,924 129,527
Weighted average number of common shares outstanding - diluted 133,620 134,127 133,924 129,527