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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Rental income   $ 302,843 $ 389,960
Total revenues 1,052,062 1,258,602
Expenses:    
Property operating expenses 617,326 681,781
Depreciation and amortization 244,426 274,801
Interest expense 123,142 142,007
General and administrative expenses 29,926 35,481
Loss (gain) on derivatives and financial instruments, net 1,934 7,651
Loss (gain) on extinguishment of debt, net (4,643) 0
Provision for loan losses 1,383 7,072
Impairment of assets 23,568 27,827
Other expenses 10,994 6,292
Total expenses 1,048,056 1,182,912
Income (loss) from continuing operations before income taxes and other items 4,006 75,690
Income tax (expense) benefit (3,943) (5,442)
Income (loss) from unconsolidated entities 13,049 (3,692)
Gain (loss) on real estate dispositions, net 59,080 262,824
Income (loss) from continuing operations 72,192 329,380
Net income   72,192 329,380
Less: Net income (loss) attributable to noncontrolling interests [1] 646 19,096
Net income (loss) attributable to common stockholders $ 71,546 $ 310,284
Average number of common shares outstanding:    
Basic (in shares) 417,241 410,306
Diluted (in shares) 419,079 412,420
Basic:    
Income (loss) from continuing operations (in dollars per share) $ 0.17 $ 0.80
Net income (loss) attributable to common stockholders (in dollars per share) 0.17 0.76
Diluted:    
Income (loss) from continuing operations (in dollars per share) 0.17 0.80
Net income (loss) attributable to common stockholders (in dollars per share) [2] 0.17 0.75
Dividends declared and paid per common share (in dollars per share) $ 0.61 $ 0.87
Other comprehensive income (loss):    
Foreign currency translation gain (loss) $ 44,210 $ (265,577)
Derivative and financial instruments designated as hedges gain (loss) (20,037) 259,112
Total other comprehensive income (loss) 24,173 (6,465)
Total comprehensive income (loss) 96,365 322,915
Less: Total comprehensive income (loss) attributable to noncontrolling interests [1] 4,451 (3,313)
Total comprehensive income (loss) attributable to common stockholders 91,914 326,228
Resident fees and services    
Revenues:    
Revenue from contract with customer 723,464 849,972
Interest income    
Revenues:    
Revenue from contract with customer 19,579 15,241
Other income    
Revenues:    
Revenue from contract with customer $ 6,176 $ 3,429
[1] Includes amounts attributable to redeemable noncontrolling interests.
[2] Includes adjustment to the numerator for income (loss) attributable to OP unitholders.