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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total Revenues $ 185,680 $ 186,637 $ 372,578 $ 376,187
Expenses:        
Rental property operating expenses 62,216 63,716 127,093 130,111
Reimbursed expenses 677 398 1,037 766
General and administrative expenses 6,996 7,313 15,059 14,046
Interest expense 16,549 16,656 32,074 33,864
Depreciation and amortization 69,861 71,456 140,605 142,326
Other 425 824 646 1,414
Total costs and expenses 156,724 160,363 316,514 322,527
Income from unconsolidated joint ventures 5,280 1,795 6,404 3,698
Gain on sales of investments in unconsolidated joint ventures 0 0 0 39
Gain (loss) on investment property transactions 28 (9) (41) (26)
Loss on extinguishment of debt (100) 0 (100) 0
Net income 34,164 28,060 62,327 57,371
Net loss (income) attributable to noncontrolling interests (112) 93 (291) (108)
Net income available to common stockholders $ 34,052 $ 28,153 $ 62,036 $ 57,263
Net income per common share — basic (in usd per share) $ 0.23 $ 0.19 $ 0.42 $ 0.39
Net income per common share — diluted (in usd per share) $ 0.23 $ 0.19 $ 0.42 $ 0.39
Weighted average shares — basic (in shares) 148,837 148,665 148,788 148,644
Weighted average shares — diluted (in shares) 149,142 148,740 149,090 148,716
Rental property revenues        
Revenues:        
Total Revenues $ 183,174 $ 181,766 $ 366,401 $ 366,573
Fee income        
Revenues:        
Total Revenues 2,305 4,803 3,693 9,332
Other        
Revenues:        
Total Revenues $ 201 $ 68 $ 2,484 $ 282