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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Total revenues $ 266,286 $ 275,770
Expenses:    
Property operating expenses 117,222 108,098
Depreciation and amortization 72,230 70,339
General and administrative 9,816 25,118
Acquisition and certain other transaction related costs 7,814 20
Impairment of assets 6,206 0
Total expenses 213,288 203,575
(Loss) gain on sale of properties (122) 181,154
Dividend income 923 659
Unrealized gains and losses on equity securities, net 22,932 27,241
Interest and other income 114 54
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $1,652 and $1,411, respectively) (45,611) (43,552)
Loss on early extinguishment of debt 0 (130)
Income from continuing operations before income tax expense and equity in earnings of an investee 31,234 237,621
Income tax expense (134) (260)
Equity in earnings of an investee 404 44
Net income (loss) 31,504 237,405
Net income attributable to noncontrolling interest (1,422) (1,383)
Net income (loss) attributable to common shareholders 30,082 236,022
Other comprehensive income:    
Equity in unrealized gain (loss) of an investee 66 (93)
Other comprehensive income (loss) 66 (93)
Comprehensive income 31,570 237,312
Comprehensive income attributable to noncontrolling interest (1,422) (1,383)
Comprehensive income attributable to common shareholders $ 30,148 $ 235,929
Weighted average common shares outstanding (basic) (in shares) 237,568 237,478
Weighted average common shares outstanding (diluted) (in shares) 237,600 237,493
Per common share amounts (basic and diluted):    
Net income attributable to common shareholders (in dollars per share) $ 0.13 $ 0.99
Rental income    
Revenues:    
Total revenues $ 158,241 $ 173,728
Residents fees and services    
Revenues:    
Total revenues $ 108,045 $ 102,042