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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUE    
Rental income $ 230,798 $ 231,492
Mortgage interest income 759 735
Total revenue 231,557 232,227
EXPENSES    
Rental expenses 44,312 44,260
Real estate taxes 29,064 27,687
General and administrative 10,251 9,565
Depreciation and amortization 62,188 59,622
Total operating expenses 145,815 141,134
OPERATING INCOME 85,742 91,093
OTHER INCOME/(EXPENSE)    
Other interest income 308 177
Interest expense (28,445) (28,033)
Loss from partnerships (1,164) (1,434)
NET INCOME 56,441 61,803
Net income attributable to noncontrolling interests (1,678) (1,659)
NET INCOME ATTRIBUTABLE TO THE TRUST 54,763 60,144
Dividends on preferred shares (2,010) (2,010)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS $ 52,753 $ 58,134
EARNINGS PER COMMON SHARE, BASIC:    
Net income available for common shareholders $ 0.70 $ 0.78
Weighted average number of common shares 75,360 74,200
EARNINGS PER COMMON SHARE, DILUTED:    
Net income available for common shareholders $ 0.70 $ 0.78
Weighted average number of common shares 75,360 74,200
COMPREHENSIVE INCOME $ 49,989 $ 61,594
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST $ 48,311 $ 59,935