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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Revenues $ 116,628 $ 119,035 $ 233,830 $ 238,915
Expenses:        
Rental property operating expenses 40,731 41,501 80,922 83,026
Reimbursed expenses 860 907 1,802 1,772
General and administrative expenses 8,071 8,618 14,880 14,828
Interest expense 9,714 8,523 19,492 18,264
Depreciation and amortization 45,675 50,040 90,768 104,924
Acquisition and transaction costs 137 246 228 2,177
Other 44 236 364 612
Total costs and expenses 105,232 110,071 208,456 225,603
Gain (loss) on extinguishment of debt 0 1,829 (85) 1,829
Income from continuing operations before unconsolidated joint ventures and loss on sale of investment properties 11,396 10,793 25,289 15,141
Income from unconsolidated joint ventures 5,036 40,320 7,921 40,901
Income from continuing operations before gain on sale of investment properties 16,432 51,113 33,210 56,042
Gain on sale of investment properties 5,317 119,832 4,945 119,761
Net income 21,749 170,945 38,155 175,803
Net income attributable to noncontrolling interests (473) (2,856) (836) (2,963)
Net income available to common stockholders $ 21,276 $ 168,089 $ 37,319 $ 172,840
Net income per common share — basic and diluted (in usd per share) $ 0.05 $ 0.40 $ 0.09 $ 0.42
Weighted average shares — basic (in shares) 420,294 419,402 420,225 411,137
Weighted average shares — diluted (in shares) 427,501 427,180 427,444 419,227
Dividends declared per common share (in usd per share) $ 0.065 $ 0.060 $ 0.130 $ 0.180
Rental property revenues        
Revenues:        
Revenues $ 113,698 $ 114,007 $ 227,046 $ 226,524
Fee income        
Revenues:        
Revenues 1,798 1,854 4,692 3,791
Other        
Revenues:        
Revenues $ 1,132 $ 3,174 $ 2,092 $ 8,600