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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Rental income $ 403,257 $ 401,496
Income from loans and investments 24,046 17,126
Interest and other income 4,853 287
Total revenues 1,012,054 942,874
Interest 116,696 110,619
Depreciation and amortization 248,837 235,920
Property-level operating expenses 480,968 430,504
Office building services costs 727 633
General, administrative and professional fees 42,535 40,760
Loss on extinguishment of debt, net 0 405
Merger-related expenses and deal costs 8,218 2,180
Other 3,708 23
Total expenses 901,689 821,044
Income before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests 110,365 121,830
Loss from unconsolidated entities (10,876) (946)
Gain on real estate dispositions 226,225 5,447
Income tax benefit 149,016 1,257
Income from continuing operations 474,730 127,588
Net income 474,730 127,588
Net income attributable to noncontrolling interests 1,613 1,803
Net income attributable to common stockholders $ 473,117 $ 125,785
Income from continuing operations (in usd per share) $ 1.27 $ 0.36
Net income attributable to common stockholders (in usd per share) 1.27 0.35
Income from continuing operations (in usd per share) 1.26 0.35
Net income attributable to common stockholders (in usd per share) $ 1.26 $ 0.35
Triple-Net Leased Properties    
Rental income $ 194,862 $ 200,068
Property-level operating expenses 6,331 7,433
Office Operations    
Rental income 208,395 201,428
Property-level operating expenses 64,506 62,085
Resident Fees and Services    
Other revenues 576,770 521,447
Office Building and Other Services Revenue    
Other revenues 3,128 2,518
Senior Living Operations    
Property-level operating expenses $ 410,131 $ 360,986