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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUE    
Rental income $ 217,135 $ 230,798
Mortgage interest income 1,026 759
Total revenue 218,161 231,557
EXPENSES    
Rental expenses 49,238 44,312
Real estate taxes 29,420 29,064
General and administrative 10,258 10,251
Depreciation and amortization 63,874 62,188
Total operating expenses 152,790 145,815
Gain on sale of real estate and change in control of interest 17,428 0
OPERATING INCOME 82,799 85,742
OTHER INCOME/(EXPENSE)    
Other interest income 363 308
Interest expense (32,085) (28,445)
Loss from partnerships (1,338) (1,164)
NET INCOME 49,739 56,441
Net income attributable to noncontrolling interests (1,503) (1,678)
NET INCOME ATTRIBUTABLE TO THE TRUST 48,236 54,763
Dividends on preferred shares (2,010) (2,010)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS $ 46,226 $ 52,753
EARNINGS PER COMMON SHARE, BASIC AND DILUTED:    
Net income available for common shareholders $ 0.60 $ 0.70
Weighted average number of common shares 76,842 75,360
COMPREHENSIVE INCOME $ 53,433 $ 49,989
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE TRUST $ 51,580 $ 48,311