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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Revenues from rental properties $ 289,391 $ 293,091
Management and other fee income 4,197 4,111
Total revenues 293,588 297,202
Operating expenses    
Rent 2,783 2,818
Real estate taxes 38,269 34,472
Operating and maintenance 34,230 34,553
General and administrative 30,574 31,929
Provision for doubtful accounts 1,404 3,475
Impairment charges 1,617 5,840
Depreciation and amortization 92,074 84,856
Total operating expenses 200,951 197,943
Operating income 92,637 99,259
Other income/(expense)    
Other income/(expense), net 1,273 (170)
Interest expense (46,482) (52,451)
Income from continuing operations before income taxes, net, equity in income of joint ventures, net, gain on change in control of interests and equity in income from other real estate investments, net 47,428 46,638
Benefit/(provision) for income taxes, net 493 (12,112)
Equity in income of joint ventures, net 14,733 69,933
Gain on change in control of interests 10,188
Income from continuing operations 76,529 115,258
Gain on sale of operating properties, net of tax 1,686 26,896
Net income 78,215 142,154
Net income attributable to noncontrolling interests (1,482) (1,441)
Net income attributable to the Company 76,733 140,713
Preferred stock dividends (11,555) (11,555)
Net income available to the Company's common shareholders $ 65,178 $ 129,158
Net income available to the Company:    
-Basic (in dollars per share) $ 0.15 $ 0.31
-Diluted (in dollars per share) $ 0.15 $ 0.31
Weighted average shares:    
-Basic (in shares) 423,381 412,630
-Diluted (in shares) 424,146 414,145
Joint Ventures [Member]    
Other income/(expense)    
Equity in income of joint ventures, net $ 14,733 $ 69,933
Other Real Estate Investments [Member]    
Other income/(expense)    
Equity in income of joint ventures, net 3,687 10,799
Continuing Operations [Member]    
Operating expenses    
Impairment charges $ 1,617 $ 5,840