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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE    
Rental income $ 220,581 $ 204,447
Other property income 4,067 2,190
Mortgage interest income 757 752
Total revenue 225,405 207,389
EXPENSES    
Rental expenses 44,773 41,109
Real estate taxes 28,448 25,090
General and administrative 7,929 8,267
Depreciation and amortization 58,110 51,379
Total operating expenses 139,260 125,845
OPERATING INCOME 86,145 81,544
Other interest income 179 106
Interest expense (26,184) (23,758)
Loss from real estate partnerships (525) 0
INCOME FROM CONTINUING OPERATIONS 59,615 57,892
Gain on sale of real estate, net 3,316 178
NET INCOME 62,931 58,070
Net income attributable to noncontrolling interests (1,684) (1,880)
NET INCOME ATTRIBUTABLE TO THE TRUST 61,247 56,190
Dividends on preferred shares (2,010) (135)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS $ 59,237 $ 56,055
EARNINGS PER COMMON SHARE, BASIC:    
Net income available for common shareholders $ 0.81 $ 0.78
Weighted average number of common shares 72,905 71,862
EARNINGS PER COMMON SHARE, DILUTED:    
Net income available for common shareholders $ 0.81 $ 0.78
Weighted average number of common shares 72,968 72,005
COMPREHENSIVE INCOME $ 63,398 $ 59,154
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST $ 61,714 $ 57,274