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Consolidated Quarterly Financial Data (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Schedule of quarterly consolidated financial data | CONSOLIDATED QUARTERLY FINANCIAL DATA (dollars in thousands, except per share data) (unaudited) (not covered by Report of Independent Registered Public Accounting Firm)
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year
2020 |  |  |  |  |  |  |  |  |  |
Total revenue(1) |  | $ | 414,341 |  |  | $ | 414,636 |  |  | $ | 404,572 |  |  | $ | 418,076 |  |  | $ | 1,651,625 |
Depreciation and amortization expense |  | 164,585 |  |  | 168,328 |  |  | 169,084 |  |  | 175,041 |  |  | 677,038 |
Interest expense |  | 75,925 |  |  | 77,841 |  |  | 76,806 |  |  | 78,764 |  |  | 309,336 |
Other expenses(2) |  | 53,811 |  |  | 62,222 |  |  | 151,611 |  |  | 72,099 |  |  | 339,743 |
Net income |  | 147,143 |  |  | 108,070 |  |  | 23,143 |  |  | 118,150 |  |  | 396,506 |
Net income available to common stockholders |  | 146,827 |  |  | 107,824 |  |  | 22,904 |  |  | 117,931 |  |  | 395,486 |
Net income per common share |  |  |  |  |  |  |  |  |  |
Basic |  | 0.44 |  |  | 0.31 |  |  | 0.07 |  |  | 0.33 |  |  | 1.15 |
Diluted |  | 0.44 |  |  | 0.31 |  |  | 0.07 |  |  | 0.33 |  |  | 1.14 |
Dividends paid per common share |  | 0.6925 |  |  | 0.6990 |  |  | 0.7005 |  |  | 0.7020 |  |  | 2.7940 |
2019 |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 354,365 |  |  | $ | 365,450 |  |  | $ | 374,247 |  |  | $ | 397,529 |  |  | $ | 1,491,591 |
Depreciation and amortization expense |  | 137,517 |  |  | 150,426 |  |  | 149,424 |  |  | 156,594 |  |  | 593,961 |
Interest expense |  | 70,020 |  |  | 72,488 |  |  | 73,410 |  |  | 75,073 |  |  | 290,991 |
Other expenses(2) |  | 42,861 |  |  | 54,143 |  |  | 52,139 |  |  | 52,269 |  |  | 201,412 |
Net income |  | 111,230 |  |  | 95,420 |  |  | 101,275 |  |  | 129,553 |  |  | 437,478 |
Net income available to common stockholders |  | 110,942 |  |  | 95,194 |  |  | 101,049 |  |  | 129,297 |  |  | 436,482 |
Net income per common share |  |  |  |  |  |  |  |  |  |
Basic and diluted |  | 0.37 |  |  | 0.31 |  |  | 0.32 |  |  | 0.39 |  |  | 1.38 |
Dividends paid per common share |  | 0.6720 |  |  | 0.6780 |  |  | 0.6795 |  |  | 0.6810 |  |  | 2.7105 |
(1) Total revenue for the second half of 2020 was negatively impacted by rent reserves recorded as reductions of rental revenue. (2) Other expenses can vary among quarters, primarily due to provisions for impairment, gains on sales of real estate, and foreign currency gains and losses.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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