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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Revenues $ 207,796 $ 230,534 $ 459,146 $ 454,720
Operating Expenses        
General and administrative expenses 9,863 9,159 20,198 18,991
Depreciation and amortization 98,765 78,724 196,542 158,597
Total operating expenses 177,785 159,903 364,917 320,612
Operating income 30,011 70,631 94,229 134,108
Other income 325 2,892 2,314 5,790
Other expenses (478) (1,807) (1,874) (3,652)
(Loss) income from unconsolidated Funds (140) 2,207 183 3,758
Interest expense (35,190) (34,063) (70,610) (67,356)
Net (loss) income (5,472) 39,860 24,242 72,648
Less: Net loss (income) attributable to noncontrolling interests 7,502 (5,894) 4,711 (9,981)
Net income attributable to common stockholders $ 2,030 $ 33,966 $ 28,953 $ 62,667
Net income per common share – basic and diluted (usd per share) $ 0.01 $ 0.20 $ 0.16 $ 0.36
Office rental        
Revenues        
Revenues $ 176,989 $ 202,189 $ 396,878 $ 399,479
Operating Expenses        
Expenses 60,301 64,308 129,965 127,757
Office rental | Rental revenues and tenant recoveries        
Revenues        
Revenues 158,813 171,674 344,640 338,909
Office rental | Parking and other income        
Revenues        
Revenues 18,176 30,515 52,238 60,570
Multifamily rental        
Revenues        
Revenues 30,807 28,345 62,268 55,241
Operating Expenses        
Expenses 8,856 7,712 18,212 15,267
Multifamily rental | Rental revenues        
Revenues        
Revenues 25,872 26,308 54,958 51,201
Multifamily rental | Parking and other income        
Revenues        
Revenues $ 4,935 $ 2,037 $ 7,310 $ 4,040