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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Rental revenues $ 404,140 $ 229,375 $ 1,203,780 $ 683,975
Other property income 30,111 14,161 86,566 40,527
Total revenues 434,251 243,536 1,290,346 724,502
Operating expenses:        
Property operating and maintenance 170,021 93,267 496,211 274,275
Property management expense 16,692 10,852 48,204 31,436
General and administrative 21,152 27,462 73,424 104,154
Depreciation and amortization 139,371 67,466 430,321 202,558
Impairment and other 3,252 14,572 13,476 16,482
Total operating expenses 350,488 213,619 1,061,636 628,905
Operating income 83,763 29,917 228,710 95,597
Interest expense (97,564) (56,796) (287,089) (182,726)
Other, net 3,330 613 6,697 (482)
Gain on sale of property, net of tax 11,512 3,756 20,955 28,239
Net income (loss) 1,041 (22,510) (30,727) (59,372)
Net (income) loss attributable to non-controlling interests (21) 0 532 0
Net income (loss) attributable to common shareholders 1,020 (22,510) (30,195) $ (59,372)
Net income (loss) available to common shareholders — basic 824 (22,745) (30,822)  
Net income (loss) available to common shareholders — diluted $ 824 $ (22,745) $ (30,822)  
Weighted average common shares outstanding — basic (in shares) 520,620,519 311,559,780 520,267,029  
Weighted average common shares outstanding — diluted (in shares) 521,761,076 311,559,780 520,267,029  
Net income (loss) per common share — basic (in dollars per share) $ 0.00 $ (0.07) $ (0.06)  
Net income (loss) per common share — diluted (in dollars per share) $ 0.00 $ (0.07) $ (0.06)