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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Rental income   $ 357,984 $ 275,046 $ 1,015,550 $ 1,061,311
Total revenues 1,239,797 1,036,874 3,432,851 3,483,951
Expenses:        
Property operating expenses 729,400 634,717 1,989,383 1,977,262
Depreciation and amortization 267,754 255,532 753,065 795,704
Interest expense 122,522 124,851 368,005 393,215
General and administrative expenses 32,256 31,003 93,618 100,546
Loss (gain) on derivatives and financial instruments, net (8,078) 1,395 (6,503) 10,480
Loss (gain) on extinguishment of debt, net (5) 33,004 50,964 33,253
Provision for loan losses, net (271) 2,857 7,309 11,351
Impairment of assets 1,490 23,313 48,750 126,291
Other expenses 3,575 11,544 26,256 37,247
Total expenses 1,148,643 1,118,216 3,330,847 3,485,349
Income (loss) from continuing operations before income taxes and other items 91,154 (81,342) 102,004 (1,398)
Income tax (expense) benefit (4,940) (2,003) (6,662) (9,678)
Income (loss) from unconsolidated entities (15,832) (5,981) (10,759) (8,341)
Gain (loss) on real estate dispositions, net 119,954 484,304 223,702 902,991
Income (loss) from continuing operations 190,336 394,978 308,285 883,574
Net income   190,336 394,978 308,285 883,574
Less: Net income (loss) attributable to noncontrolling interests [1] 10,673 69,393 30,819 68,459
Net income (loss) attributable to common stockholders $ 179,663 $ 325,585 $ 277,466 $ 815,115
Average number of common shares outstanding:        
Basic (in shares) 428,031 417,027 420,955 414,822
Diluted (in shares) 429,983 418,987 422,835 416,860
Basic:        
Income (loss) from continuing operations (in dollars per share) $ 0.44 $ 0.95 $ 0.73 $ 2.13
Net income (loss) attributable to common stockholders (in dollars per share) 0.42 0.78 0.66 1.96
Diluted:        
Income (loss) from continuing operations (in dollars per share) 0.44 0.94 0.73 2.12
Net income (loss) attributable to common stockholders (in dollars per share) [2] 0.42 0.77 0.65 1.94
Dividends declared and paid per common share (in dollars per share) $ 0.61 $ 0.61 $ 1.83 $ 2.09
Other comprehensive income (loss):        
Foreign currency translation gain (loss) $ (112,263) $ 143,353 $ (55,059) $ (109,209)
Derivative and financial instruments designated as hedges gain (loss) 130,711 (145,512) 100,866 86,429
Total other comprehensive income (loss) 18,448 (2,159) 45,807 (22,780)
Total comprehensive income (loss) 208,784 392,819 354,092 860,794
Less: Total comprehensive income (loss) attributable to noncontrolling interests [3] 4,350 76,847 31,299 59,991
Total comprehensive income (loss) attributable to common stockholders 204,434 315,972 322,793 800,803
Resident fees and services        
Revenues:        
Revenue from contract with customer 835,617 740,956 2,299,972 2,360,488
Interest income        
Revenues:        
Revenue from contract with customer 39,864 16,750 97,891 48,060
Other income        
Revenues:        
Revenue from contract with customer $ 6,332 $ 4,122 $ 19,438 $ 14,092
[1] Includes amounts attributable to redeemable noncontrolling interests.
[2] Includes adjustment to the numerator for income (loss) attributable to OP unitholders.
[3] (1) Includes amounts attributable to redeemable noncontrolling interests.