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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES:    
Rental and other property income $ 33,797 $ 51,059
Hotel income 9,689 9,750
Expense reimbursements 1,609 3,030
Interest and other income 3,303 3,110
REVENUES 48,398 66,949
EXPENSES:    
Rental and other property operating 18,020 22,960
Asset management and other fees to related parties 6,211 8,700
Interest 6,633 9,773
General and administrative 3,376 1,679
Transaction costs 0 13
Depreciation and amortization 13,148 17,231
EXPENSES 47,388 60,356
Gain on sale of real estate (Note 3) 0 187,734
INCOME BEFORE PROVISION FOR INCOME TAXES 1,010 194,327
Provision for income taxes 388 392
NET INCOME 622 193,935
Net income attributable to noncontrolling interests (4) (5)
NET INCOME ATTRIBUTABLE TO THE COMPANY 618 193,930
Redeemable preferred stock dividends accumulated (Note 10) (3,152) 0
Redeemable preferred stock dividends declared (Note 10) (493) (31)
Redeemable preferred stock redemptions (Note 10) 1 0
NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS $ (3,026) $ 193,899
NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS PER SHARE:    
Basic (in usd per share) $ (0.07) $ 2.31
Diluted (in usd per share) $ (0.07) $ 2.31
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic (in shares) 43,785 84,048
Diluted (in shares) 43,785 84,048