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Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Reconciliation of NOI to net income        
Net income $ 147,717 $ 279,709 $ 486,592 $ 618,432
Indirect operating expenses, net of corporate income 23,837 20,195 70,043 62,935
Expensed transaction, development and other pursuit costs, net of recoveries 567 175 4,289 2,562
Interest expense, net 53,249 51,493 162,562 149,395
(Gain) loss on extinguishment of debt, net (105) 93 9,333 602
General and administrative expense 13,985 12,769 46,878 45,440
Equity in income of unconsolidated real estate entities (5,083) (1,643) (6,770) (780)
Depreciation expense 175,348 165,463 529,508 490,213
Income tax (benefit) expense (27) 11,184 (1,069) 11,178
Gain on sale of communities (31,607) (130,484) (91,338) (165,849)
Gain on other real estate transactions, net (129) (73) (328) (374)
Gain on for-sale condominiums, net of marketing and administrative costs 646 1,108 (4,162) 2,526
Net operating income from real estate assets sold or held for sale (720) (3,404) (3,572) (16,161)
Net operating income $ 377,678 $ 406,585 $ 1,201,966 $ 1,200,119