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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Rentals, net $ 108,050 $ 119,826
Other 3,302 3,312
Total Revenues 111,352 123,138
Operating Expenses:    
Depreciation and amortization 36,656 33,972
Operating 23,160 24,248
Real estate taxes, net 15,008 16,131
Impairment loss 44 74
General and administrative 2,307 9,581
Total Operating Expenses 77,175 84,006
Other Income (Expense):    
Interest expense, net (14,602) (15,289)
Interest and other (expense) income, net (5,828) 4,384
Gain on sale of property 13,576 17,787
Total Other (Expense) Income (6,854) 6,882
Income Before Income Taxes and Equity in Earnings of Real Estate Joint Ventures and Partnerships 27,323 46,014
Provision for Income Taxes (172) (177)
Equity in Earnings of Real Estate Joint Ventures and Partnerships, net 27,097 5,417
Net Income 54,248 51,254
Less: Net Income Attributable to Noncontrolling Interests (1,626) (1,588)
Net Income Attributable to Common Shareholders $ 52,622 $ 49,666
Earnings Per Common Share - Basic:    
Net income attributable to common shareholders (dollars per share) $ 0.41 $ 0.39
Earnings Per Common Share - Diluted:    
Net income attributable to common shareholders (dollars per share) $ 0.41 $ 0.39