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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Rental income $ 389,960 $ 381,084
Total revenues 1,258,602 1,272,245
Expenses:    
Property operating expenses 681,781 670,807
Depreciation and amortization 274,801 243,932
Interest expense 142,007 145,232
General and administrative expenses 35,481 35,282
Loss (gain) on derivatives and financial instruments, net 7,651 (2,487)
Loss (gain) on extinguishment of debt, net 0 15,719
Provision for loan losses 7,072 18,690
Impairment of assets 27,827 0
Other expenses 6,292 8,756
Total expenses 1,182,912 1,135,931
Income (loss) from continuing operations before income taxes and other items 75,690 136,314
Income tax (expense) benefit (5,442) (2,222)
Income (loss) from unconsolidated entities (3,692) (9,199)
Gain (loss) on real estate dispositions, net 262,824 167,409
Income (loss) from continuing operations 329,380 292,302
Net income (loss) 329,380 292,302
Less: Net income (loss) attributable to noncontrolling interests [1] 19,096 11,832
Net income (loss) attributable to common stockholders $ 310,284 $ 280,470
Average number of common shares outstanding:    
Basic (in shares) 410,306 391,474
Diluted (in shares) 412,420 393,452
Basic:    
Income (loss) from continuing operations (in USD per share) $ 0.80 $ 0.75
Net income (loss) attributable to common stockholders (in USD per share) 0.76 0.72
Diluted:    
Income (loss) from continuing operations (in USD per share) 0.80 0.74
Net income (loss) attributable to common stockholders (in USD per share) 0.75 0.71
Dividends declared and paid per common share (in USD per share) $ 0.8700 $ 0.8700
Net income $ 329,380 $ 292,302
Other comprehensive income (loss):    
Foreign currency translation gain (loss) (265,577) 78,620
Derivative and financial instruments designated as hedges gain (loss) 259,112 (87,682)
Total other comprehensive income (loss) (6,465) (9,062)
Total comprehensive income (loss) 322,915 283,240
Less: Total comprehensive income (loss) attributable to noncontrolling interests [2] (3,313) 17,619
Total comprehensive income (loss) attributable to common stockholders 326,228 265,621
Resident fees and services    
Revenues:    
Revenue from contract with customer 849,972 868,285
Interest income    
Revenues:    
Revenue from contract with customer 15,241 15,119
Other income    
Revenues:    
Revenue from contract with customer $ 3,429 $ 7,757
[1] Includes amounts attributable to redeemable noncontrolling interests.
[2] Includes amounts attributable to redeemable noncontrolling interests.