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Consolidated Quarterly Financial Data
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Consolidated Quarterly Financial Data
CONSOLIDATED QUARTERLY FINANCIAL DATA
(dollars in thousands, except per share data) (unaudited)
(not covered by Report of Independent Registered Public Accounting Firm)
 
 
 
First
Quarter

 
Second
Quarter

 
Third
Quarter

 
Fourth
Quarter

 
Year

2019
 
 

 
 

 
 

 
 

 
 

Total revenue
 
$
354,365

 
$
365,450

 
$
374,247

 
$
397,529

 
$
1,491,591

Depreciation and amortization expense
 
137,517

 
150,426

 
149,424

 
156,594

 
593,961

Interest expense
 
70,020

 
72,488

 
73,410

 
75,073

 
290,991

Other expenses
 
42,861

 
54,143

 
52,139

 
52,269

 
201,412

Net income
 
111,230

 
95,420

 
101,275

 
129,553

 
437,478

Net income available to common stockholders
 
110,942

 
95,194

 
101,049

 
129,297

 
436,482

Net income per common share
 
 

 
 

 
 

 
 

 
 

Basic and diluted
 
0.37

 
0.31

 
0.32

 
0.39

 
1.38

Dividends paid per common share
 
0.6720

 
0.6780

 
0.6795

 
0.6810

 
2.7105

 
 
 
 
 
 
 
 
 
 
 
2018
 
 

 
 

 
 

 
 

 
 

Total revenue
 
$
318,295

 
$
328,886

 
$
338,081

 
$
342,576

 
$
1,327,838

Depreciation and amortization expense
 
131,103

 
133,999

 
136,967

 
137,711

 
539,780

Interest expense
 
59,415

 
66,628

 
69,342

 
70,635

 
266,020

Other expenses
 
47,680

 
39,349

 
40,302

 
54,752

 
182,083

Net income
 
83,315

 
96,697

 
99,283

 
85,303

 
364,598

Net income available to common stockholders
 
83,163

 
96,380

 
98,999

 
85,072

 
363,614

Net income per common share
 
 

 
 

 
 

 
 

 
 

Basic and diluted
 
0.29

 
0.34

 
0.34

 
0.29

 
1.26

Dividends paid per common share
 
0.6505

 
0.6585

 
0.6600

 
0.6615

 
2.6305