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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental income   $ 361,983 $ 357,984 $ 1,079,784 $ 1,015,550
Total revenues 1,473,844 1,239,797 4,342,084 3,432,851
Expenses:        
Property operating expenses 912,180 729,400 2,619,932 1,989,383
Depreciation and amortization 353,699 267,754 968,082 753,065
Interest expense 139,682 122,522 389,128 368,005
General and administrative expenses 34,811 32,256 109,071 93,618
Loss (gain) on derivatives and financial instruments, net 6,905 (8,078) 8,076 (6,503)
Loss (gain) on extinguishment of debt, net 2 (5) 593 50,964
Provision for loan losses, net 490 (271) (149) 7,309
Impairment of assets 4,356 1,490 4,356 48,750
Other expenses 15,481 3,575 76,716 26,256
Total expenses 1,467,606 1,148,643 4,175,805 3,330,847
Income (loss) from continuing operations before income taxes and other items 6,238 91,154 166,279 102,004
Income tax (expense) benefit (3,257) (4,940) (11,335) (6,662)
Income (loss) from unconsolidated entities (6,698) (15,832) (16,640) (10,759)
Gain (loss) on real estate dispositions, net 1,064 119,954 20,466 223,702
Income (loss) from continuing operations (2,653) 190,336 158,770 308,285
Net income (loss) (2,653) 190,336 158,770 308,285
Less: Net income (loss) attributable to noncontrolling interests [1] 4,114 10,673 13,828 30,819
Net income (loss) attributable to common stockholders $ (6,767) $ 179,663 $ 144,942 $ 277,466
Weighted average number of common shares outstanding:        
Basic (in shares) 463,366 428,031 455,074 420,955
Diluted (in shares) 463,366 429,983 457,999 422,835
Basic:        
Income (loss) from continuing operations (in dollars per share) $ (0.01) $ 0.44 $ 0.35 $ 0.73
Net income (loss) attributable to common stockholders (in dollars per share) (0.01) 0.42 0.32 0.66
Diluted:        
Income (loss) from continuing operations (in dollars per share) (0.01) 0.44 0.35 0.73
Net income (loss) attributable to common stockholders (in dollars per share) [2] (0.01) 0.42 0.32 0.65
Dividends declared and paid per common share (in dollars per share) $ 0.61 $ 0.61 $ 1.83 $ 1.83
Other comprehensive income (loss):        
Foreign currency translation gain (loss) $ (372,494) $ (112,263) $ (746,165) $ (55,059)
Derivative and financial instruments designated as hedges gain (loss) 417,567 130,711 753,588 100,866
Total other comprehensive income (loss) 45,073 18,448 7,423 45,807
Total comprehensive income (loss) 42,420 208,784 166,193 354,092
Less: Total comprehensive income (loss) attributable to noncontrolling interests [3] (20,741) 4,350 (24,798) 31,299
Total comprehensive income (loss) attributable to common stockholders 63,161 204,434 190,991 322,793
Resident fees and services        
Revenues:        
Revenue from contract with customer 1,068,706 835,617 3,073,040 2,299,972
Interest income        
Revenues:        
Revenue from contract with customer 37,791 39,864 113,925 97,891
Other income        
Revenues:        
Revenue from contract with customer $ 5,364 $ 6,332 $ 75,335 $ 19,438
[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.