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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE      
Total revenue $ 1,327,838 $ 1,215,768 $ 1,103,172
EXPENSES      
Depreciation and amortization 539,780 498,788 449,943
Interest 266,020 247,413 219,974
General and administrative 84,148 58,446 51,966
Property (including reimbursable) 66,326 69,480 62,865
Income taxes 5,340 6,044 3,262
Provisions for impairment 26,269 14,751 20,664
Total expenses 987,883 894,922 808,674
Gain on sales of real estate 24,643 40,898 21,979
Loss on extinguishment of debt 0 (42,426) 0
Net income 364,598 319,318 316,477
Net income attributable to noncontrolling interests (984) (520) (906)
Net income attributable to the Company 363,614 318,798 315,571
Preferred stock dividends 0 (3,911) (27,080)
Excess of redemption value over carrying value of preferred shares redeemed 0 (13,373) 0
Net income available to common stockholders $ 363,614 $ 301,514 $ 288,491
Amounts available to common stockholders per common share:      
Net income, basic and diluted (in dollars per share) $ 1.26 $ 1.10 $ 1.13
Weighted average common shares outstanding:      
Basic (in shares) 289,427,430 273,465,680 255,066,500
Diluted (in shares) 289,923,984 273,936,752 255,624,250
Other comprehensive income:      
Net income attributable to the Company $ 363,614 $ 318,798 $ 315,571
Change in fair value of interest rate swaps (8,618) 0 0
Amortization of interest rate swaps 520 0 0
Comprehensive income attributable to the Company 355,516 318,798 315,571
Rental      
REVENUE      
Total revenue 1,274,596 1,166,224 1,057,413
Tenant reimbursements      
REVENUE      
Total revenue 46,950 46,082 43,104
Other      
REVENUE      
Total revenue $ 6,292 $ 3,462 $ 2,655