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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total rental property revenues $ 657,515 $ 475,212 $ 466,185
Expenses:      
Rental property operating expenses 222,146 164,678 163,882
Reimbursed expenses 4,004 3,782 3,527
General and administrative expenses 37,007 22,040 27,523
Interest expense 53,963 39,430 33,524
Depreciation and amortization 257,149 181,382 196,745
Transaction costs 52,881 248 1,661
Other 1,109 556 1,796
Total costs and expenses 628,259 412,116 428,658
Income from unconsolidated joint ventures 12,666 12,224 47,115
Gain on investment property transactions 110,761 5,437 133,059
Gain on extinguishment of debt 0 8 2,258
Net income 152,683 80,765 219,959
Net income attributable to noncontrolling interests (2,265) (1,601) (3,684)
Net income available to common stockholders $ 150,418 $ 79,164 $ 216,275
Net income per common share — basic and diluted (in usd per share) $ 1.17 $ 0.75 $ 2.08
Weighted average shares — basic (in shares) 128,060 105,076 103,902
Weighted average shares — diluted (in shares) 129,831 106,868 105,824
Dividends declared per common share (in usd per share) $ 1.16 $ 1.04 $ 1.20
Rental property revenues      
Revenues:      
Total rental property revenues $ 628,751 $ 463,401 $ 455,305
Fee income      
Revenues:      
Total rental property revenues 28,518 10,089 8,632
Other      
Revenues:      
Total rental property revenues $ 246 $ 1,722 $ 2,248