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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Line Items]  
Schedule of Quarterly Financial Information

The following unaudited quarterly data has been prepared on the basis of a December 31 year-end.  Amounts are in thousands, except for per share amounts.

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2019 (1)

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

662,494

 

 

$

669,517

 

 

$

685,145

 

 

$

683,919

 

Operating income

 

 

209,969

 

 

 

369,260

 

 

 

368,363

 

 

 

408,952

 

Net income *

 

 

109,257

 

 

 

321,299

 

 

 

277,846

 

 

 

301,306

 

Net income available to Common Shares

 

 

103,766

 

 

 

308,196

 

 

 

266,333

 

 

 

288,992

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net income available to Common Shares - basic

 

$

0.28

 

 

$

0.83

 

 

$

0.72

 

 

$

0.78

 

   Net income available to Common Shares - diluted

 

$

0.28

 

 

$

0.83

 

 

$

0.71

 

 

$

0.77

 

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2018 (1)

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

633,016

 

 

$

639,808

 

 

$

652,867

 

 

$

652,743

 

Operating income

 

 

339,082

 

 

 

217,603

 

 

 

339,403

 

 

 

219,282

 

Net income *

 

 

220,548

 

 

 

118,410

 

 

 

223,846

 

 

 

122,388

 

Net income available to Common Shares

 

 

211,036

 

 

 

112,830

 

 

 

214,164

 

 

 

116,415

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net income available to Common Shares - basic

 

$

0.57

 

 

$

0.31

 

 

$

0.58

 

 

$

0.32

 

   Net income available to Common Shares - diluted

 

$

0.57

 

 

$

0.31

 

 

$

0.58

 

 

$

0.31

 

 

* The Company did not have any discontinued operations, extraordinary items or cumulative effect of change in accounting principle during the periods presented.  Therefore, income from continuing operations and income before extraordinary items and cumulative effect of change in accounting principle are not shown as they were both equal to the net income amounts disclosed above.

 

 

(1)

Amounts may not equal full year results due to rounding.

ERPOP [Member]  
Quarterly Financial Data [Line Items]  
Schedule of Quarterly Financial Information

The following unaudited quarterly data has been prepared on the basis of a December 31 year-end.  Amounts are in thousands, except for per Unit amounts.

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2019 (1)

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

662,494

 

 

$

669,517

 

 

$

685,145

 

 

$

683,919

 

Operating income

 

 

209,969

 

 

 

369,260

 

 

 

368,363

 

 

 

408,952

 

Net income *

 

 

109,257

 

 

 

321,299

 

 

 

277,846

 

 

 

301,306

 

Net income available to Units

 

 

107,685

 

 

 

319,706

 

 

 

276,243

 

 

 

299,687

 

Earnings per Unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net income available to Units - basic

 

$

0.28

 

 

$

0.83

 

 

$

0.72

 

 

$

0.78

 

   Net income available to Units - diluted

 

$

0.28

 

 

$

0.83

 

 

$

0.71

 

 

$

0.77

 

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

2018 (1)

 

3/31

 

 

6/30

 

 

9/30

 

 

12/31

 

Total revenues

 

$

633,016

 

 

$

639,808

 

 

$

652,867

 

 

$

652,743

 

Operating income

 

 

339,082

 

 

 

217,603

 

 

 

339,403

 

 

 

219,282

 

Net income *

 

 

220,548

 

 

 

118,410

 

 

 

223,846

 

 

 

122,388

 

Net income available to Units

 

 

219,095

 

 

 

117,129

 

 

 

222,323

 

 

 

120,837

 

Earnings per Unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net income available to Units - basic

 

$

0.57

 

 

$

0.31

 

 

$

0.58

 

 

$

0.32

 

   Net income available to Units - diluted

 

$

0.57

 

 

$

0.31

 

 

$

0.58

 

 

$

0.31

 

 

* The Operating Partnership did not have any discontinued operations, extraordinary items or cumulative effect of change in accounting principle during the periods presented.  Therefore, income from continuing operations and income before extraordinary items and cumulative effect of change in accounting principle are not shown as they were both equal to the net income amounts disclosed above.

 

 

(1)

Amounts may not equal full year results due to rounding.