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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Rental income:    
Triple-net leased $ 190,641 $ 209,327
Office 194,168 185,895
Total rental income 384,809 395,222
Resident fees and services 514,753 464,188
Office building and other services revenue 3,328 3,406
Income from loans and investments 31,181 20,146
Interest and other income 9,634 481
Total revenues 943,705 883,443
Expenses    
Interest 111,363 108,804
Depreciation and amortization 233,150 217,783
Property-level operating expenses:    
Senior living 352,220 312,073
Office 60,693 56,914
Total property-level operating expenses 412,913 368,987
Office building services costs 115 738
General, administrative and professional fees 37,174 33,961
Loss on extinguishment of debt, net 10,977 309
Merger-related expenses and deal costs 17,336 2,056
Other 3,120 1,188
Total expenses 826,148 733,826
Income before unconsolidated entities, income taxes, discontinued operations, real estate dispositions and noncontrolling interests 117,557 149,617
Loss (income) from unconsolidated entities (40,739) 3,150
Income tax benefit 3,242 3,145
Income from continuing operations 80,060 155,912
Discontinued operations (10) (53)
Gain on real estate dispositions 48 43,289
Net income 80,098 199,148
Net income attributable to noncontrolling interests 1,395 1,021
Net income attributable to common stockholders $ 78,703 $ 198,127
Basic:    
Income from continuing operations (in usd per share) $ 0.22 $ 0.44
Net income attributable to common stockholders (in usd per share) 0.22 0.56
Diluted:    
Income from continuing operations (in usd per share) 0.22 0.44
Net income attributable to common stockholders (in usd per share) $ 0.22 $ 0.55
Weighted average shares used in computing earnings per common share:    
Basic (in shares) 356,112 354,410
Diluted (in shares) 358,853 357,572
Dividends declared per common share (in usd per share) $ 0.79 $ 0.775