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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 442,467 $ 266,286
Expenses:    
Property operating expenses 316,585 117,222
Depreciation and amortization 68,430 72,230
General and administrative 8,832 9,816
Acquisition and certain other transaction related costs 663 7,814
Impairment of assets 11,234 6,206
Total expenses 405,744 213,288
Gain (loss) on sale of properties 2,782 (122)
Dividend income 0 923
Gains and losses on equity securities, net (9,943) 22,932
Interest and other income 138 114
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $1,509 and $1,652, respectively) (41,650) (45,611)
Gain on lease termination 22,896 0
Loss on early extinguishment of debt (246) 0
Income from continuing operations before income tax expense and equity in earnings of an investee 10,700 31,234
Income tax expense 443 (134)
Equity in earnings of an investee 0 404
Net income 11,143 31,504
Net income attributable to noncontrolling interest (1,408) (1,422)
Net income attributable to common shareholders 9,735 30,082
Other comprehensive income:    
Equity in unrealized gain of an investee 0 66
Other comprehensive income 0 66
Comprehensive income 11,143 31,570
Comprehensive income attributable to noncontrolling interest (1,408) (1,422)
Comprehensive income attributable to common shareholders $ 9,735 $ 30,148
Weighted average common shares outstanding (basic) (in shares) 237,669 237,568
Weighted average common shares outstanding (diluted) (in shares) 237,669 237,600
Per common share amounts (basic and diluted):    
Net income attributable to common shareholders (in dollars per share) $ 0.04 $ 0.13
Rental income    
Revenues:    
Total revenues $ 110,498 $ 158,241
Residents fees and services    
Revenues:    
Total revenues $ 331,969 $ 108,045