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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Rental income $ 357,340 $ 403,257
Income from loans and investments 19,010 24,046
Interest and other income 341 4,853
Total revenues 910,291 1,012,054
Interest 110,767 116,696
Depreciation and amortization 314,148 248,837
Property-level operating expenses 486,600 480,968
Office building services costs 618 727
General, administrative and professional fees 40,309 40,460
Loss on extinguishment of debt, net 27,090 0
Merger-related expenses and deal costs 4,617 8,218
Allowance on loans receivable and investments (8,902) 0
Other (9,428) 5,783
Total expenses 965,819 901,689
(Loss) income before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests (55,528) 110,365
Loss from unconsolidated entities (250) (10,876)
Gain on real estate dispositions 2,533 226,225
Income tax (expense) benefit (2,153) 149,016
(Loss) income from continuing operations (55,398) 474,730
Net (loss) income (55,398) 474,730
Net income attributable to noncontrolling interests 1,811 1,613
Net (loss) income attributable to common stockholders $ (57,209) $ 473,117
Basic:    
Income from continuing operations (in usd per share) $ (0.15) $ 1.27
Net income attributable to common stockholders (in usd per share) (0.15) 1.27
Diluted:    
Income from continuing operations (in usd per share) (0.15) 1.26
Net income attributable to common stockholders (in usd per share) $ (0.15) $ 1.26
Triple-Net Leased Properties    
Rental income $ 159,885 $ 194,862
Property-level operating expenses 4,825 6,331
Office Operations    
Rental income 197,455 208,395
Property-level operating expenses 63,946 64,506
Resident fees and services    
Other revenues 528,650 576,770
Office building and other services revenue    
Other revenues 4,950 3,128
Senior Living Operations    
Property-level operating expenses $ 417,829 $ 410,131