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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total Revenues $ 802,874 $ 762,290 $ 755,073
Expenses:      
Rental property operating expenses 266,434 258,371 259,461
Reimbursed expenses 608 2,024 2,476
General and administrative expenses 32,331 28,319 29,321
Interest expense 105,463 72,537 67,027
Depreciation and amortization 314,897 295,587 288,092
Other 2,128 2,134 2,131
Total costs and expenses 721,861 658,972 648,508
Income from unconsolidated joint ventures 2,299 7,700 6,801
Gain on sales of investment in unconsolidated joint ventures 0 56,267 13,083
Gain (loss) on investment property transactions 504 (9) 152,547
Gain on extinguishment of debt 0 169 0
Net income 83,816 167,445 278,996
Net income attributable to noncontrolling interests (853) (652) (410)
Net income available to common stockholders $ 82,963 $ 166,793 $ 278,586
Net income per common share — basic (in usd per share) $ 0.55 $ 1.11 $ 1.87
Net income per common share — diluted (in usd per share) $ 0.55 $ 1.11 $ 1.87
Weighted average shares — basic (in shares) 151,714 150,113 148,666
Weighted average shares — diluted (in shares) 152,040 150,419 148,891
Dividends declared per common share (in usd per share) $ 1.28 $ 1.28 $ 1.24
Rental property revenues      
Revenues:      
Total Revenues $ 799,047 $ 753,511 $ 739,063
Fee income      
Revenues:      
Total Revenues 1,373 6,119 15,559
Other      
Revenues:      
Total Revenues $ 2,454 $ 2,660 $ 451