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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Rental income $ 1,374,695 $ 1,443,360 $ 1,588,400
Total revenues 4,742,115 4,605,967 5,121,306
Expenses:      
Property operating expenses 2,774,562 2,597,823 2,690,042
Depreciation and amortization 1,037,566 1,038,437 1,027,073
Interest expense 489,853 514,388 555,559
General and administrative expenses 126,727 128,394 126,549
Loss (gain) on derivatives and financial instruments, net (7,333) 11,049 (4,399)
Loss (gain) on extinguishment of debt, net 49,874 47,049 84,155
Provision for loan losses 7,270 94,436 18,690
Impairment of assets 51,107 135,608 28,133
Other expenses 41,739 70,335 52,612
Total expenses 4,571,365 4,637,519 4,578,414
Income (loss) from continuing operations before income taxes and other items 170,750 (31,552) 542,892
Income tax (expense) benefit (8,713) (9,968) (2,957)
Income (loss) from unconsolidated entities (22,933) (8,083) 42,434
Gain (loss) on real estate dispositions, net 235,375 1,088,455 748,041
Income (loss) from continuing operations 374,479 1,038,852 1,330,410
Net income 374,479 1,038,852 1,330,410
Less: Net income (loss) attributable to noncontrolling interests [1] 38,341 60,008 97,978
Net income (loss) attributable to common stockholders $ 336,138 $ 978,844 $ 1,232,432
Weighted average number of common shares outstanding:      
Basic (in shares) 424,976 415,451 401,845
Diluted (in shares) 426,841 417,387 403,808
Basic:      
Income (loss) from continuing operations (in USD per share) $ 0.88 $ 2.50 $ 3.31
Net income (loss) attributable to common stockholders (in USD per share) 0.79 2.36 3.07
Diluted:      
Income (loss) from continuing operations (in USD per share) 0.88 2.49 3.29
Net income (loss) attributable to common stockholders (in USD per share) [2] $ 0.78 $ 2.33 $ 3.05
Other comprehensive income (loss):      
Unrecognized actuarial gain (loss) $ 0 $ 0 $ 540
Foreign currency translation gain (loss) (52,826) 103,612 161,915
Derivative and financial instruments designated as hedges gain (loss) 79,702 (134,369) (131,120)
Total other comprehensive income (loss) 26,876 (30,757) 31,335
Total comprehensive income (loss) 401,355 1,008,095 1,361,745
Less: Total comprehensive income (loss) attributable to noncontrolling interests [3] 38,029 65,598 111,701
Total comprehensive income (loss) attributable to common stockholders 363,326 942,497 1,250,044
Resident fees and services      
Revenues:      
Revenue from contract with customer 3,197,223 3,074,022 3,448,175
Interest income      
Revenues:      
Revenue from contract with customer 137,563 69,156 63,830
Other income      
Revenues:      
Revenue from contract with customer $ 32,634 $ 19,429 $ 20,901
[1] Includes amounts attributable to redeemable noncontrolling interests
[2] Includes adjustment to the numerator for income (loss) attributable to OP unitholders
[3] Includes amounts attributable to redeemable noncontrolling interests.