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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental income $ 367,141 $ 415,663
Resident fees and services 670,337 602,149
Interest income 20,748 25,188
Other income 4,072 4,050
Total revenues 1,062,298 1,047,050
Expenses:    
Interest expense 118,597 132,960
Property operating expenses 510,169 449,636
Depreciation and amortization 228,276 228,696
General and administrative 31,101 45,691
Transaction costs 0 8,208
Loss (gain) on derivatives, net 1,224 0
Loss (gain) on extinguishment of debt, net 31,356 (24)
Impairment of Asset 11,031 14,314
Other expenses 11,675 0
Total expenses 943,429 879,481
Income (loss) from continuing operations before income taxes and income from unconsolidated entities, total 118,869 167,569
Income tax expense (2,245) 1,725
(Loss) income from unconsolidated entities (23,106) (3,820)
Income from continuing operations 93,518 165,474
Gain (loss) on real estate dispositions, net 244,092 0
Net income 337,610 165,474
Less: Preferred stock dividends 14,379 16,352
Preferred stock redemption charge 9,769 0
Less: Net income (loss) attributable to noncontrolling interests 823 153
Net income (loss) attributable to common stockholders $ 312,639 $ 148,969
Average number of common shares outstanding:    
Basic 362,534 355,076
Diluted 364,652 356,051
Basic:    
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions $ 0.86 $ 0.42
Net income (loss) attributable to common stockholders, total 0.86 0.42
Diluted:    
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions 0.86 0.42
Net income (loss) attributable to common stockholders, total 0.86 0.42
Dividends declared and paid per common share $ 0.87 $ 0.86