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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Rentals, net $ 472,446 $ 517,836 $ 563,183
Other 14,179 13,311 9,980
Total Revenues 486,625 531,147 573,163
Operating Expenses:      
Depreciation and amortization 135,674 161,838 167,101
Operating 94,620 90,554 109,310
Real estate taxes, net 60,813 69,268 75,636
Impairment loss 74 10,120 15,257
General and administrative 35,914 25,040 28,052
Total Operating Expenses 327,095 356,820 395,356
Interest expense, net (57,601) (63,348) (80,326)
Interest and other income, net 11,003 2,807 7,532
Gain on sale of property 189,914 207,865 218,611
Total Other Income 143,316 147,324 145,817
Income Before Income Taxes and Equity in Earnings of Real Estate Joint Ventures and Partnerships 302,846 321,651 323,624
(Provision) Benefit for Income Taxes (1,040) (1,378) 17
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 20,769 25,070 27,074
Net Income 322,575 345,343 350,715
Less: Net Income Attributable to Noncontrolling Interests (7,140) (17,742) (15,441)
Net Income Attributable to Common Shareholders $ 315,435 $ 327,601 $ 335,274
Earnings Per Common Share - Basic:      
Net income attributable to common shareholders - basic (in dollars per share) $ 2.47 $ 2.57 $ 2.62
Earnings Per Common Share - Diluted:      
Net income attributable to common shareholders - diluted (in dollars per share) $ 2.44 $ 2.55 $ 2.60