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HPI - Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Rental and other revenues $ 211,275 $ 212,752
Operating expenses:    
Rental property and other expenses 70,435 65,731
Depreciation and amortization 73,671 70,633
General and administrative 12,499 12,415
Total operating expenses 156,605 148,779
Interest expense 36,552 33,098
Other income 1,232 1,147
Gains on disposition of property 7,209 450
Gain on deconsolidation of affiliate 0 11,778
Equity in earnings of unconsolidated affiliates 654 704
Net income 27,213 44,954
Net (income) attributable to noncontrolling interests in the Operating Partnership (533) (986)
Net loss attributable to noncontrolling interests in consolidated affiliates 5 487
Dividends on Preferred Stock (621) (621)
Net income available for common stockholders $ 26,064 $ 43,834
Earnings per Common Share – basic:    
Net income available for common stockholders (in dollars per share) $ 0.25 $ 0.42
Weighted average Common Shares outstanding - basic (in shares) 105,804 105,288
Earnings per Common Share - diluted:    
Net income available for common stockholders (in dollars per share) $ 0.25 $ 0.42
Weighted average Common Shares outstanding - diluted (in shares) 107,958 107,646