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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUE    
Property rental $ 122,241 $ 120,380
Third-party real estate services, including reimbursements 38,107 29,716
Other revenue 4,941 8,011
Total revenue 165,289 158,107
EXPENSES    
Depreciation and amortization 64,726 48,489
Property operating 34,731 34,503
Real estate taxes 18,310 18,199
General and administrative:    
Corporate and other 12,475 13,176
Third-party real estate services 28,936 28,814
Share-based compensation related to Formation Transaction and special equity awards 4,945 9,441
Transaction and other costs 3,690 5,309
Total expenses 167,813 157,931
OTHER INCOME (EXPENSE)    
Loss from unconsolidated real estate ventures, net (943) (2,692)
Interest and other income, net 9 907
Interest expense (16,296) (12,005)
Gain on sale of real estate   59,477
Loss on extinguishment of debt   (33)
Total other income (expense) (17,230) 45,654
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT (19,754) 45,830
Income tax (expense) benefit (4,315) 2,345
NET INCOME (LOSS) (24,069) 48,175
Net (income) loss attributable to redeemable noncontrolling interests 2,230 (5,250)
Net loss attributable to noncontrolling interests 1,108  
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (20,731) $ 42,925
EARNINGS (LOSS) PER COMMON SHARE:    
EARNINGS (LOSS) PER COMMON SHARE - BASIC AND DILUTED $ (0.16) $ 0.32
Weighted average number of common shares outstanding - basic 131,540 134,542
Weighted average number of common shares outstanding - diluted 131,540 135,429