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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Rental and other income $ 565,045 $ 559,906
Management, development and other fees 1,139 886
Total revenue 566,184 560,792
Expenses:    
Operating expenses, excluding property taxes 123,455 131,257
Property taxes 61,329 59,896
Interest expense, net 47,892 55,113
Loss on extinguishment of debt, net 280 397
Depreciation expense 162,057 159,059
General and administrative expense 13,688 14,431
Expensed transaction, development and other pursuit costs, net of recoveries 1,095 800
Casualty and impairment gain, net 0 58
Total expenses 409,796 420,895
Equity in (loss) income of unconsolidated real estate entities (1,060) 1,740
Gain on sale of communities 14,835 0
Gain (loss) on other real estate transactions, net 267 (47)
Income before income taxes 170,430 141,590
Income tax expense 12 0
Net income 170,418 141,590
Net (income) loss attributable to noncontrolling interests (52) 53
Net income attributable to common stockholders 170,366 141,643
Other comprehensive income (loss):    
(Loss) gain on cash flow hedges (7,231) 11,501
Cash flow hedge losses reclassified to earnings 1,468 1,756
Comprehensive income $ 164,603 $ 154,900
Earnings per common share - basic:    
Net income attributable to common stockholders (in dollars per share) $ 1.23 $ 1.03
Earnings per common share - diluted:    
Net income attributable to common stockholders (in dollars per share) $ 1.23 $ 1.03