XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Revenues $ 193,898 $ 132,733
Expenses:    
Rental property operating expenses 64,538 43,487
Reimbursed expenses 521 932
General and administrative expenses 5,652 11,460
Interest expense 15,904 10,820
Depreciation and amortization 71,614 45,861
Transaction costs 365 3
Other 566 180
Total costs and expenses 159,160 112,743
Income from unconsolidated joint ventures 3,425 2,904
Gain on sales of investments in unconsolidated joint ventures 46,230 0
Gain on investment property transactions 90,916 13,111
Net income 175,309 36,005
Net income attributable to noncontrolling interests (366) (664)
Net income available to common stockholders $ 174,943 $ 35,341
Net income per common share — basic (in usd per share) $ 1.19 $ 0.34
Net income per common share — diluted (in usd per share) $ 1.18 $ 0.34
Weighted average shares — basic (in shares) 147,424 105,127
Weighted average shares — diluted (in shares) 148,561 106,901
Rental property revenues    
Revenues:    
Revenues $ 189,129 $ 123,865
Fee income    
Revenues:    
Revenues 4,732 8,728
Other    
Revenues:    
Revenues $ 37 $ 140