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HPI - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Rental and other revenues $ 203,841 $ 185,502 $ 410,219 $ 369,307
Operating expenses:        
Rental property and other expenses 62,369 56,226 123,791 112,415
Depreciation and amortization 69,742 61,949 139,409 122,876
Impairments of real estate assets 35,000 0 35,000 0
General and administrative 9,591 10,107 23,147 20,059
Total operating expenses 176,702 128,282 321,347 255,350
Interest expense 25,027 19,001 49,420 38,769
Other income 120 332 483 644
Gains on disposition of property 50,044 22,862 54,144 41,799
Equity in earnings of unconsolidated affiliates 326 431 626 1,068
Net income 52,602 61,844 94,705 118,699
Net (income) attributable to noncontrolling interests in the Operating Partnership (1,203) (1,624) (2,168) (3,117)
Net (income) attributable to noncontrolling interests in consolidated affiliates (266) (294) (523) (575)
Dividends on Preferred Stock (622) (621) (1,243) (1,243)
Net income available for common stockholders $ 50,511 $ 59,305 $ 90,771 $ 113,764
Earnings per Common Share – basic:        
Net income available for common stockholders (in dollars per share) $ 0.48 $ 0.57 $ 0.86 $ 1.09
Weighted average Common Shares outstanding - basic (in shares) 105,163 104,106 105,049 104,035
Earnings per Common Share - diluted:        
Net income available for common stockholders (in dollars per share) $ 0.48 $ 0.57 $ 0.86 $ 1.09
Weighted average Common Shares outstanding - diluted (in shares) 107,654 106,964 107,554 106,887