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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Rental income $ 112,055 $ 111,852
Residents fees and services 79,442 75,056
Total revenues 191,497 186,908
Expenses:    
Property operating expenses 77,802 73,679
Depreciation 38,355 37,703
General and administrative 8,290 8,648
Acquisition related costs 122 1,903
Impairment of assets   1,304
Total expenses 124,569 123,237
Operating income 66,928 63,671
Interest and other income 105 173
Interest expense (28,900) (29,564)
Income from continuing operations before income tax expense and equity in earnings of an investee 38,133 34,280
Income tax expense (191) (140)
Equity in (losses) / earnings of an investee (97) 76
Income from continuing operations 37,845 34,216
Discontinued operations:    
Income from discontinued operations 1,300 1,019
Impairment of assets from discontinued operations (721)  
Income before gain on sale of properties 38,424 35,235
Gain on sale of properties 156  
Net income 38,580 35,235
Other comprehensive income:    
Change in net unrealized (loss) / gain on investments (1,921) 8,764
Share of comprehensive income (loss) of an investee 19 (8)
Comprehensive income $ 36,678 $ 43,991
Weighted average shares outstanding (in shares) 188,176 184,605
Income from continuing operations per share (in dollars per share) $ 0.21 $ 0.18
Income from discontinued operations per share (in dollars per share)   $ 0.01
Net income per share (in dollars per share) $ 0.21 $ 0.19