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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total Revenues $ 195,170 $ 188,732 $ 567,748 $ 564,919
Expenses:        
Rental property operating expenses 66,632 65,354 193,725 195,465
Reimbursed expenses 418 383 1,455 1,149
General and administrative expenses 6,498 7,968 21,557 22,014
Interest expense 18,380 16,709 50,454 50,573
Depreciation and amortization 79,116 72,073 219,721 214,399
Other 231 421 877 1,835
Total costs and expenses 171,275 162,908 487,789 485,435
Income from unconsolidated joint ventures 634 2,128 7,038 5,826
Gain on sales of investments in unconsolidated joint ventures 56,260 13,121 56,260 13,160
Gain (loss) on investment property transactions (20) 13,063 (61) 13,037
Loss on extinguishment of debt 0 0 (100) 0
Net income 80,769 54,136 143,096 111,507
Net income attributable to noncontrolling interests (130) (118) (421) (226)
Net income available to common stockholders $ 80,639 $ 54,018 $ 142,675 $ 111,281
Net income per common share — basic (in usd per share) $ 0.53 $ 0.36 $ 0.95 $ 0.75
Net income per common share — diluted (in usd per share) $ 0.53 $ 0.36 $ 0.95 $ 0.75
Weighted average shares — basic (in shares) 151,435 148,688 149,670 148,659
Weighted average shares — diluted (in shares) 151,695 148,772 149,946 148,743
Rental property revenues        
Revenues:        
Total Revenues $ 193,455 $ 185,515 $ 559,856 $ 552,088
Fee income        
Revenues:        
Total Revenues 1,677 3,094 5,370 12,426
Other        
Revenues:        
Total Revenues $ 38 $ 123 $ 2,522 $ 405