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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Lease income $ 980,166 $ 1,094,301 $ 1,083,770
Other property income 9,508 9,201 8,711
Management, transaction, and other fees 26,501 29,636 28,494
Total revenues 1,016,175 1,133,138 1,120,975
Operating expenses:      
Depreciation and amortization 345,900 374,283 359,688
Operating and maintenance 170,073 169,909 168,034
General and administrative 75,001 74,984 65,491
Real estate taxes 143,004 136,236 137,856
Other operating expenses 12,642 7,814 9,737
Total operating expenses 746,620 763,226 740,806
Other expense (income):      
Interest expense, net 156,678 151,264 148,456
Goodwill impairment 132,128 0 0
Provision for impairment of real estate, net of tax 18,536 54,174 38,437
Gain on sale of real estate, net of tax (67,465) (24,242) (28,343)
Early extinguishment of debt 21,837 11,982 11,172
Net investment (income) loss (5,307) (5,568) 1,096
Total other expense (income) 256,407 187,610 170,818
Income from operations before equity in income of investments in real estate partnerships 13,148 182,302 209,351
Equity in income of investments in real estate partnerships (note 4) 34,169 60,956 42,974
Net income 47,317 243,258 252,325
Noncontrolling interests:      
Exchangeable operating partnership units (203) (634) (525)
Limited partners’ interests in consolidated partnerships (2,225) (3,194) (2,673)
Income attributable to noncontrolling interests (2,428) (3,828) (3,198)
Net income attributable to common stockholders $ 44,889 $ 239,430 $ 249,127
Income per common share - basic (note 15) $ 0.27 $ 1.43 $ 1.47
Income per common share - diluted (note 15) $ 0.26 $ 1.43 $ 1.46
Partnership Interest [Member]      
Revenues:      
Lease income $ 980,166 $ 1,094,301 $ 1,083,770
Other property income 9,508 9,201 8,711
Management, transaction, and other fees 26,501 29,636 28,494
Total revenues 1,016,175 1,133,138 1,120,975
Operating expenses:      
Depreciation and amortization 345,900 374,283 359,688
Operating and maintenance 170,073 169,909 168,034
General and administrative 75,001 74,984 65,491
Real estate taxes 143,004 136,236 137,856
Other operating expenses 12,642 7,814 9,737
Total operating expenses 746,620 763,226 740,806
Other expense (income):      
Interest expense, net 156,678 151,264 148,456
Goodwill impairment 132,128 0 0
Provision for impairment of real estate, net of tax 18,536 54,174 38,437
Gain on sale of real estate, net of tax (67,465) (24,242) (28,343)
Early extinguishment of debt 21,837 11,982 11,172
Net investment (income) loss (5,307) (5,568) 1,096
Total other expense (income) 256,407 187,610 170,818
Income from operations before equity in income of investments in real estate partnerships 13,148 182,302 209,351
Equity in income of investments in real estate partnerships (note 4) 34,169 60,956 42,974
Net income 47,317 243,258 252,325
Noncontrolling interests:      
Limited partners’ interests in consolidated partnerships (2,225) (3,194) (2,673)
Income attributable to noncontrolling interests (2,225) (3,194) (2,673)
Net income attributable to common unit holders $ 45,092 $ 240,064 $ 249,652
Income per common unit - basic (note 15): $ 0.27 $ 1.43 $ 1.47
Income per common unit - diluted (note 15): $ 0.26 $ 1.43 $ 1.46