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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total Revenues $ 188,732 $ 183,380 $ 564,919 $ 557,193
Expenses:        
Rental property operating expenses 65,354 62,844 195,465 189,003
Reimbursed expenses 383 373 1,149 1,216
General and administrative expenses 7,968 5,658 22,014 19,853
Interest expense 16,709 15,058 50,573 44,955
Depreciation and amortization 72,073 71,498 214,399 215,980
Transaction costs 0 0 0 428
Other 421 723 1,835 1,841
Total costs and expenses 162,908 156,154 485,435 473,276
Income from unconsolidated joint ventures 2,128 1,611 5,826 6,751
Gain (loss) on sales of investments in unconsolidated joint ventures 13,121 (59) 13,160 45,940
Gain (loss) on investment property transactions 13,063 (523) 13,037 90,192
Net income 54,136 28,255 111,507 226,800
Net income attributable to noncontrolling interests (118) (140) (226) (641)
Net income available to common stockholders $ 54,018 $ 28,115 $ 111,281 $ 226,159
Net income per common share — basic (in usd per share) $ 0.36 $ 0.19 $ 0.75 $ 1.53
Net income per common share — diluted (in usd per share) $ 0.36 $ 0.19 $ 0.75 $ 1.52
Weighted average shares — basic (in shares) 148,688 148,566 148,659 148,181
Weighted average shares — diluted (in shares) 148,772 148,606 148,743 148,586
Rental property revenues        
Revenues:        
Total Revenues $ 185,515 $ 179,024 $ 552,088 $ 543,252
Fee income        
Revenues:        
Total Revenues 3,094 4,350 12,426 13,772
Other        
Revenues:        
Total Revenues $ 123 $ 6 $ 405 $ 169