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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Rental and other income $ 506,974 $ 439,756
Management, development and other fees 1,524 2,611
Total revenue 508,498 442,367
Expenses:    
Operating expenses, excluding property taxes 116,626 112,777
Property taxes 50,067 47,177
Interest expense, net [1] 43,410 45,573
Depreciation expense [1] 127,216 116,853
General and administrative expense 11,404 10,468
Business Combination, Acquisition Related Costs 3,462 1,187
Casualty and impairment (gain) loss, net 2,202 (5,788)
Total expenses 349,983 339,823
Equity in income of unconsolidated real estate entities 27,969 34,566
Gain on sale of real estate 0 22
Gain on sale of communities 51,430 70,936
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest 237,914 208,068
Income Tax Expense (Benefit) 37 15
Discontinued operations:    
Net income 237,877 208,053
Net loss attributable to noncontrolling interests 54 91
Net income attributable to common stockholders 237,931 208,144
Other comprehensive income (loss):    
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent (47,757) (30)
Cash flow hedge losses reclassified to earnings 1,374 1,595
Comprehensive income $ 191,548 $ 209,709
Earnings per common share - diluted:    
Dividends per common share (in dollars per share) $ 1.35 $ 1.25
[1] Represents NOI from real estate assets sold or held for sale that are not otherwise classified as discontinued operations.