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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 410,311 $ 262,003 $ 852,778 $ 528,289
Expenses:        
Property operating expenses 301,915 120,193 618,500 237,415
Depreciation and amortization 68,825 73,924 137,255 146,154
General and administrative 7,312 8,867 16,144 18,683
Acquisition and certain other transaction related costs 87 903 750 8,717
Impairment of assets 31,175 2,213 42,409 8,419
Total expenses 409,314 206,100 815,058 419,388
(Loss) gain on sale of properties (168) 17,832 2,614 17,710
Dividend income 0 923 0 1,846
Gains and losses on equity securities, net 11,974 (64,448) 2,031 (41,516)
Interest and other income 7,736 238 7,874 352
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $1,617, $1,519, $3,126 and $3,171, respectively) (43,974) (46,412) (85,624) (92,023)
Gain on lease termination 0 0 22,896 0
Loss on early extinguishment of debt (181) (17) (427) (17)
Loss from continuing operations before income tax (expense) benefit and equity in earnings of an investee (23,616) (35,981) (12,916) (4,747)
Income tax (expense) benefit (1,126) 35 (683) (99)
Equity in earnings of an investee 0 130 0 534
Net income (loss) (24,742) (35,816) (13,599) (4,312)
Net income attributable to noncontrolling interest (1,330) (1,413) (2,738) (2,835)
Net income (loss) attributable to common shareholders (26,072) (37,229) (16,337) (7,147)
Other comprehensive income:        
Equity in unrealized gain of an investee 0 71 0 137
Other comprehensive income 0 71 0 137
Comprehensive loss (24,742) (35,745) (13,599) (4,175)
Comprehensive income attributable to noncontrolling interest (1,330) (1,413) (2,738) (2,835)
Comprehensive loss attributable to common shareholders $ (26,072) $ (37,158) $ (16,337) $ (7,010)
Weighted average common shares outstanding (basic) (in shares) 237,700 237,580 237,684 237,574
Weighted average common shares outstanding (diluted) (in shares) 237,700 237,580 237,684 237,574
Per common share amounts (basic and diluted):        
Net income attributable to common shareholders (in dollars per share) $ (0.11) $ (0.16) $ (0.07) $ (0.03)
Rental income        
Revenues:        
Total revenues $ 106,207 $ 153,097 $ 216,705 $ 311,338
Residents fees and services        
Revenues:        
Total revenues $ 304,104 $ 108,906 $ 636,073 $ 216,951