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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Rental income $ 1,451,786 $ 1,374,695 $ 1,443,360
Total revenues 5,860,615 4,742,115 4,605,967
Expenses:      
Property operating expenses 3,558,770 2,774,562 2,597,823
Depreciation and amortization 1,310,368 1,037,566 1,038,437
Interest expense 529,519 489,853 514,388
General and administrative expenses 150,390 126,727 128,394
Loss (gain) on derivatives and financial instruments, net 8,334 (7,333) 11,049
Loss (gain) on extinguishment of debt, net 680 49,874 47,049
Provision for loan losses, net 10,320 7,270 94,436
Impairment of assets 17,502 51,107 135,608
Other expenses 101,670 41,739 70,335
Total expenses 5,687,553 4,571,365 4,637,519
Income (loss) from continuing operations before income taxes and other items 173,062 170,750 (31,552)
Income tax (expense) benefit (7,247) (8,713) (9,968)
Income (loss) from unconsolidated entities (21,290) (22,933) (8,083)
Gain (loss) on real estate dispositions, net 16,043 235,375 1,088,455
Income (loss) from continuing operations 160,568 374,479 1,038,852
Net income 160,568 374,479 1,038,852
Less: Net income (loss) attributable to noncontrolling interests [1] 19,354 38,341 60,008
Net income (loss) attributable to common stockholders $ 141,214 $ 336,138 $ 978,844
Weighted average number of common shares outstanding:      
Basic (in shares) 462,185 424,976 415,451
Diluted (in shares) 465,158 426,841 417,387
Basic:      
Income (loss) from continuing operations (in USD per share) $ 0.35 $ 0.88 $ 2.50
Net income (loss) attributable to common stockholders (in USD per share) 0.31 0.79 2.36
Diluted:      
Income (loss) from continuing operations (in USD per share) 0.35 0.88 2.49
Net income (loss) attributable to common stockholders (in USD per share) [2] $ 0.30 $ 0.78 $ 2.33
Other comprehensive income (loss):      
Foreign currency translation gain (loss) $ (466,910) $ (52,826) $ 103,612
Derivative and financial instruments designated as hedges gain (loss) 442,620 79,702 (134,369)
Total other comprehensive income (loss) (24,290) 26,876 (30,757)
Total comprehensive income (loss) 136,278 401,355 1,008,095
Less: Total comprehensive income (loss) attributable to noncontrolling interests [3] (6,545) 38,029 65,598
Total comprehensive income (loss) attributable to common stockholders 142,823 363,326 942,497
Resident fees and services      
Revenues:      
Revenue from contract with customer 4,173,711 3,197,223 3,074,022
Interest income      
Revenues:      
Revenue from contract with customer 150,571 137,563 69,156
Other income      
Revenues:      
Revenue from contract with customer $ 84,547 $ 32,634 $ 19,429
[1] Includes amounts attributable to redeemable noncontrolling interests
[2] Includes adjustment to the numerator for income (loss) attributable to OP Units and DownREIT Units
[3] Includes amounts attributable to redeemable noncontrolling interests.