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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Document Period End Date Mar. 31, 2016  
REVENUES:    
Rental property revenues $ 88,476 $ 90,033
Fee income 2,199 1,816
Other 576 127
Total consolidated revenues 91,251 91,976
COSTS AND EXPENSES:    
Rental property operating expenses 35,609 37,954
Reimbursed expenses 870 1,111
General and administrative expenses 8,492 3,595
Interest expense 7,414 7,677
Depreciation and amortization 31,969 36,147
Acquisition and related costs 19 83
Other 106 357
Total costs and expenses 84,479 86,924
Income from continuing operations before taxes, unconsolidated joint ventures, and sale of investment properties 6,772 5,052
Income from unconsolidated joint ventures 1,834 1,611
Income from continuing operations before gain on sale of investment properties 8,606 6,663
Gain on sale of investment properties 14,190 1,105
Income from continuing operations 22,796 7,768
INCOME (LOSS) FROM DISCONTINUED OPERATIONS:    
Loss from discontinued operations 0 (14)
Loss on sale from discontinued operations 0 (551)
Total income from discontinued operations 0 (565)
Net income $ 22,796 $ 7,203
PER COMMON SHARE INFORMATION - BASIC AND DILUTED:    
Income from continuing operations $ 0.11 $ 0.04
Income from discontinued operations 0.00 (0.01)
Net income available to common stockholders $ 0.11 $ 0.03
Weighted average shares — basic 210,904 216,568
Weighted average shares — diluted 210,974 216,754
Dividends declared per common share $ 0.080 $ 0.080