XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUES:    
Rental and other property income $ 62,848 $ 63,398
Expense reimbursements 2,928 3,181
Interest and other income 614 660
REVENUES 66,390 67,239
EXPENSES:    
Rental and other property operating 31,278 32,709
Asset management and other fees to related parties 7,701 7,209
Interest 6,626 5,403
General and administrative 1,763 2,592
Transaction costs 149 428
Depreciation and amortization 18,058 19,128
EXPENSES 65,575 67,469
Gain on sale of real estate 24,739  
INCOME (LOSS) FROM CONTINUING OPERATIONS 25,554 (230)
DISCONTINUED OPERATIONS:    
Income from operations of assets held for sale 1,429 2,962
NET INCOME FROM DISCONTINUED OPERATIONS 1,429 2,962
NET INCOME 26,983 2,732
Net income attributable to noncontrolling interests (3)  
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS $ 26,980 $ 2,732
BASIC AND DILUTED INCOME PER SHARE:    
Continuing operations (in dollars per share) $ 0.26 $ 0.00
Discontinued operations (in dollars per share) 0.02 0.03
Net income (in dollars per share) $ 0.28 $ 0.03
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING    
Basic (in shares) 97,662 97,582
Diluted (in shares) 97,662 97,582