XML 20 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Lease Income $ 277,303  
Document Fiscal Year Focus 2019  
Other expense (income):    
Provision for impairment, net of tax $ 1,672 $ 374
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes (16,490) (96)
Parent Company [Member]    
Lease Income 277,303 267,510
Revenues:    
Other Operating Income 1,982 2,025
Property Management Fee Revenue 6,972 7,158
Total revenues 286,257 276,693
Operating expenses:    
Depreciation and amortization 97,194 88,525
Operating and maintenance 40,638 42,516
General and administrative 21,300 17,606
Real estate taxes 34,155 30,425
Other operating expenses 1,134 1,632
Total operating expenses 194,421 180,704
Other expense (income):    
Interest expense, net 37,752 36,785
Provision for impairment, net of tax 1,672 16,054
Gain (Loss) on Extinguishment of Debt 10,591 162
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss (2,354) (32)
Nonoperating Income (Expense) 31,171 52,873
Income from operations before equity in income of investments in real estate partnerships 60,665 43,116
Equity in income of investments in real estate partnerships 30,828 10,349
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes (16,490) (96)
Net income 91,493 53,465
Noncontrolling interests:    
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable 190 111
Limited partners’ interests in consolidated partnerships (857) (694)
Income attributable to noncontrolling interests (1,047) (805)
Net income attributable to the Company 90,446 52,660
Net Income (Loss) Available to Common Stockholders, Basic $ 90,446 $ 52,660
Income per common share/unit - basic:    
Continuing operations (in dollars per share) $ 0.54 $ 0.31
Income per common share/unit - diluted:    
Continuing operations (in dollars per share) $ 0.54 $ 0.31
Partnership Interest [Member]    
Lease Income $ 277,303 $ 267,510
Revenues:    
Other Operating Income 1,982 2,025
Property Management Fee Revenue 6,972 7,158
Total revenues 286,257 276,693
Operating expenses:    
Depreciation and amortization 97,194 88,525
Operating and maintenance 40,638 42,516
General and administrative 21,300 17,606
Real estate taxes 34,155 30,425
Other operating expenses 1,134 1,632
Total operating expenses 194,421 180,704
Other expense (income):    
Interest expense, net 37,752 36,785
Provision for impairment, net of tax 1,672 16,054
Gain (Loss) on Extinguishment of Debt 10,591 162
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss (2,354) (32)
Nonoperating Income (Expense) 31,171 52,873
Income from operations before equity in income of investments in real estate partnerships 60,665 43,116
Equity in income of investments in real estate partnerships 30,828 10,349
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes (16,490) (96)
Net income 91,493 53,465
Noncontrolling interests:    
Limited partners’ interests in consolidated partnerships (857) (694)
Income attributable to noncontrolling interests (857) (694)
Net income attributable to common unit holders $ 90,636 $ 52,771
Income per common share/unit - basic:    
Continuing operations (in dollars per share) $ 0.54 $ 0.31
Income per common share/unit - diluted:    
Continuing operations (in dollars per share) $ 0.54 $ 0.31