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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Document Fiscal Year Focus 2015 2014 2013
REVENUES:      
Rental property revenues $ 373,068 $ 343,910 $ 194,420
Fee income 7,297 12,519 10,891
Other Revenue from Continuing Operations 1,278 4,954 5,430
Total consolidated revenues 381,643 361,383 210,741
COSTS AND EXPENSES:      
Rental property operating expenses 156,157 155,934 90,498
Reimbursed expenses 3,430 3,652 5,215
General and administrative expenses 17,099 19,969 22,460
Interest expense 30,723 29,110 21,709
Depreciation and amortization 135,416 140,018 76,277
Acquisition and related costs 299 1,130 7,484
Other 1,000 3,544 3,693
Total costs and expenses 344,124 353,357 227,336
Income (loss) from continuing operations before taxes, unconsolidated joint ventures, and sale of investment properties 37,519 8,026 (16,595)
Benefit for income taxes from operations 0 20 23
INCOME (LOSS) FROM UNCONSOLIDATED JOINT VENTURES 8,302 11,268 67,325
Income (Loss) from Continuing Operations Before Gain on Sale of Investment Properties 45,821 19,314 50,753
GAIN ON SALE OF INVESTMENT PROPERTIES 80,394 12,536 61,288
INCOME (LOSS) FROM CONTINUING OPERATIONS 126,215 31,850 112,041
Income (loss) from discontinued operations:      
Income (loss) from discontinued operations (35) 1,800 3,299
Gain (loss) on sale from discontinued operations (551) 19,358 11,489
Total income from discontinued operations (586) 21,158 14,788
Net income 125,629 53,008 126,829
Net income attributable to noncontrolling interests (111) (1,004) (5,068)
Net Income (Loss) in Statement on Equity     126,761
Net income attributable to controlling interests 125,518 52,004 121,761
Preferred Share Original Issuance Costs 0 (3,530) (2,656)
Dividends to preferred stockholders 0 (2,955) (10,008)
Net income available to common stockholders $ 125,518 $ 45,519 $ 109,097
PER COMMON SHARE INFORMATION - BASIC AND DILUTED:      
Income (loss) from continuing operations attributable to controlling interest (dollars per share) $ 0.58 $ 0.12 $ 0.66
Income from discontinued operations (dollars per share) 0.00 0.10 0.10
Net income (loss) available to common stockholders (dollars per share) $ 0.58 $ 0.22 $ 0.76
WEIGHTED AVERAGE SHARES—BASIC (shares) 215,827 204,216 144,255
WEIGHTED AVERAGE SHARES—DILUTED (shares) 215,979 204,460 144,420