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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Total rental property revenues $ 475,212 $ 466,185 $ 259,211
Expenses:      
Rental property operating expenses 164,678 163,882 96,908
Reimbursed expenses 3,782 3,527 3,259
General and administrative expenses 22,040 27,523 25,592
Interest expense 39,430 33,524 26,650
Depreciation and amortization 181,382 196,745 97,948
Acquisition and transaction costs 248 1,661 24,521
Other 556 1,796 5,888
Total costs and expenses 412,116 428,658 280,766
Gain (loss) on extinguishment of debt 8 2,258 (5,180)
Income (loss) from continuing operations before unconsolidated joint ventures and gain on sale of investment properties 63,104 39,785 (26,735)
Income from unconsolidated joint ventures 12,224 47,115 10,562
Income (loss) from continuing operations before gain on sale of investment properties 75,328 86,900 (16,173)
Gain on sale of investment properties 5,437 133,059 77,114
Income from continuing operations 80,765 219,959 60,941
Income from discontinued operations 0 0 19,163
Net income 80,765 219,959 80,104
Net income attributable to noncontrolling interests (1,601) (3,684) (995)
Net income available to common stockholders $ 79,164 $ 216,275 $ 79,109
Per common share information — basic and diluted:      
Income from continuing operations (in usd per share) $ 0.19 $ 0.52 $ 0.24
Income from discontinued operations (in usd per share) 0.00 0.00 0.07
Net income per common share - basic and diluted (in usd per share) $ 0.19 $ 0.52 $ 0.31
Weighted average shares — basic (in shares) 420,305 415,610 253,895
Weighted average shares — diluted (in shares) 427,473 423,297 256,023
Dividends declared per common share (in usd per share) $ 0.26 $ 0.3 $ 0.24
Rental property revenues      
Revenues:      
Total rental property revenues $ 461,853 $ 446,035 $ 249,814
Fee income      
Revenues:      
Total rental property revenues 10,089 8,632 8,347
Other      
Revenues:      
Total rental property revenues $ 3,270 $ 11,518 $ 1,050