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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Revenues $ 346,030 $ 310,733
Expenses:    
Property operating expenses 286,080 268,742
Depreciation and amortization 64,800 57,259
General and administrative 5,873 7,285
Acquisition and certain other transaction related costs 93 928
Impairment of assets 5,925 0
Total expenses 362,771 334,214
Gain on sale of properties 1,233 327,794
Gains and losses on equity securities, net 8,126 (8,553)
Interest and other income 4,195 395
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $2,074 and $2,472, respectively) (47,780) (57,131)
Loss on modification or early extinguishment of debt (1,075) (483)
(Loss) income before income tax benefit (expense) and equity in net (losses) earnings of investees (52,042) 238,541
Income tax benefit (expense) 31 (1,472)
Equity in net (losses) earnings of investees (647) 3,354
Net (loss) income $ (52,658) $ 240,423
Weighted average common shares outstanding (basic) (in shares) 238,589 238,149
Weighted average common shares outstanding (diluted) (in shares) 238,589 238,198
Per common share amounts (basic and diluted):    
Net (loss) income - basic (in dollars per share) $ (0.22) $ 1.01
Net (loss) income - diluted (in dollars per share) $ (0.22) $ 1.01
Affiliated Entity    
Expenses:    
Equity in net (losses) earnings of investees $ (647) $ 3,354
Rental income    
Revenues:    
Revenues 66,438 65,285
Residents fees and services    
Revenues:    
Revenues $ 279,592 $ 245,448