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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenues $ 118,706 $ 113,159 $ 352,536 $ 352,073
Expenses:        
Rental property operating expenses 41,579 40,688 122,501 123,715
Reimbursed expenses 955 895 2,757 2,667
General and administrative expenses 3,913 7,193 18,793 21,993
Interest expense 9,551 7,587 29,043 25,851
Depreciation and amortization 45,068 47,622 135,836 152,546
Acquisition and transaction costs 0 (677) 228 1,499
Other 93 423 457 1,063
Total expenses 101,159 103,731 309,615 329,334
Gain on extinguishment of debt 93 429 8 2,258
Income from continuing operations before unconsolidated joint ventures and gain (loss) on sale of investment properties 17,640 9,857 42,929 24,997
Income from unconsolidated joint ventures 2,252 2,461 10,173 43,362
Income from continuing operations before gain (loss) on sale of investment properties 19,892 12,318 53,102 68,359
Gain (loss) on sale of investment properties (33) (33) 4,912 119,729
Net income 19,859 12,285 58,014 188,088
Net income attributable to noncontrolling interests (374) (218) (1,210) (3,181)
Net income available to common stockholders $ 19,485 $ 12,067 $ 56,804 $ 184,907
Net income per common share — basic and diluted (in usd per share) $ 0.05 $ 0.03 $ 0.14 $ 0.45
Weighted average shares — basic (in shares) 420,385 419,998 420,279 414,123
Weighted average shares — diluted (in shares) 427,520 427,300 427,472 421,954
Dividends declared per common share (in usd per share) $ 0.065 $ 0.060 $ 0.195 $ 0.240
Rental property revenues        
Revenues:        
Revenues $ 115,443 $ 109,569 $ 342,489 $ 336,093
Fee income        
Revenues:        
Revenues 2,519 2,597 7,211 6,387
Other        
Revenues:        
Revenues $ 744 $ 993 $ 2,836 $ 9,593