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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE        
Property rentals $ 122,326 $ 126,591 $ 241,739 $ 257,819
Third-party real estate services, including reimbursements 29,487 24,160 57,178 48,490
Other income 8,804 8,696 16,899 16,175
Total revenue 160,617 159,447 315,816 322,484
EXPENSES        
Depreciation and amortization 45,995 48,117 94,714 97,277
Property operating 32,113 34,464 64,287 69,622
Real estate taxes 18,266 17,509 35,501 37,119
General and administrative:        
Corporate and other 11,559 8,603 23,873 17,017
Third-party real estate services 28,710 21,189 56,776 43,798
Share-based compensation related to Formation Transaction and special equity awards 9,523 9,097 20,654 18,525
Transaction and other costs 2,974 3,787 7,869 8,008
Total expenses 149,140 142,766 303,674 291,366
Income (loss) from unconsolidated real estate ventures, net (1,810) 3,836 1,791 1,934
Interest and other income, net 2,052 513 3,003 1,086
Interest expense (13,107) (18,027) (30,281) (37,284)
Gain on sale of real estate 0 33,396 39,033 33,851
Loss on extinguishment of debt (1,889) (4,457) (1,889) (4,457)
Reduction of gain on bargain purchase 0 (7,606) 0 (7,606)
Total other income (expense) (14,754) 7,655 11,657 (12,476)
INCOME (LOSS) BEFORE INCOME TAX BENEFIT (3,277) 24,336 23,799 18,642
Income tax (expense) benefit (51) (313) 1,121 595
NET INCOME (LOSS) (3,328) 24,023 24,920 19,237
Net (income) loss attributable to redeemable noncontrolling interests 288 (3,574) (3,099) (2,980)
Net loss attributable to noncontrolling interests 0 125 0 127
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (3,040) $ 20,574 $ 21,821 $ 16,384
EARNINGS (LOSS) PER COMMON SHARE:        
Earnings Per Share, Basic $ (0.03) $ 0.17 $ 0.16 $ 0.14
Earnings Per Share, Diluted $ (0.03) $ 0.17 $ 0.16 $ 0.14
Weighted average number of common shares outstanding — basic and diluted 131,754 117,955 127,189 117,955
Weighted average number of common shares outstanding — diluted 131,754 117,955 127,189 117,955