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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Rental income $ 343,369 $ 367,141
Resident fees and services 735,934 670,337
Interest income 14,648 20,748
Other income 3,014 4,072
Total revenues 1,096,965 1,062,298
Expenses:    
Interest expense 122,775 118,597
Property operating expenses 556,465 510,169
Depreciation and amortization 228,201 228,276
General and administrative 33,705 31,101
Loss (gain) on derivatives and financial instruments, net (7,173) 1,224
Loss (gain) on extinguishment of debt, net 11,707 31,356
Impairment of Asset 28,185 11,031
Other expenses 3,712 11,675
Total expenses 977,577 943,429
Income (loss) from continuing operations before income taxes and income from unconsolidated entities, total 119,388 118,869
Income tax expense (1,588) (2,245)
(Loss) income from unconsolidated entities (2,429) (23,106)
Income from continuing operations 115,371 93,518
Gain (loss) on real estate dispositions, net 338,184 244,092
Net income 453,555 337,610
Less: Preferred stock dividends 11,676 14,379
Preferred stock redemption charge 0 9,769
Less: Net income (loss) attributable to noncontrolling interests 4,208 823
Net income (loss) attributable to common stockholders $ 437,671 $ 312,639
Average number of common shares outstanding:    
Basic 371,426 362,534
Diluted 373,257 364,652
Basic:    
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions $ 0.31 $ 0.26
Net income (loss) attributable to common stockholders, total 1.18 0.86
Diluted:    
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions 0.31 0.26
Net income (loss) attributable to common stockholders, total 1.17 0.86
Dividends declared and paid per common share $ 0.87 $ 0.87