Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Results of Operations [Abstract]

Quarterly Results of Operations (Unaudited)

20. Quarterly Results of Operations (Unaudited)

The following is a summary of our unaudited quarterly results of operations for the years ended December 31, 2016 and 2015 (in thousands, except per share data). The sum of individual quarterly amounts may not agree to the annual amounts included in the consolidated statements of income due to rounding.


		Year Ended December 31, 2016
		1st Quarter		2nd Quarter		3rd Quarter⁽¹⁾		4th Quarter
Revenues		$	1,047,050	$	1,076,657	$	1,079,133	$	1,078,321
Net income (loss) attributable to common stockholders			148,969		195,474		334,910		333,044
Net income (loss) attributable to common stockholders per share:
	Basic	$	0.42	$	0.55	$	0.93	$	0.92
	Diluted		0.42		0.54		0.93		0.91

		Year Ended December 31, 2015
		1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Revenues		$	894,177	$	957,169	$	978,997	$	1,029,484
Net income attributable to common stockholders			190,799		312,573		182,043		132,929
Net income attributable to common stockholders per share:
	Basic	$	0.57	$	0.89	$	0.52	$	0.38
	Diluted		0.56		0.89		0.52		0.37

(1) The increase in net income and amounts per share are primarily attributable to gains on sales of real estate of $162,351,000 for the third quarter as compared to gains of $1,530,000 for the second quarter.