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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Operating Lease, Lease Income $ 576,149 $ 568,285 $ 1,141,194 $ 1,128,191
Management, development and other fees 1,114 954 2,252 1,841
Total revenue 577,263 569,239 1,143,446 1,130,032
Expenses:        
Operating expenses, excluding property taxes 132,924 130,836 256,378 262,094
Property taxes 62,187 59,994 123,516 119,891
Interest expense, net 50,010 56,585 97,902 111,698
Loss on extinguishment of debt, net 229 642 509 1,039
Depreciation expense 162,693 156,685 324,749 315,743
General and administrative expense 18,965 15,209 32,671 29,640
Expensed transaction, development and other pursuit costs, net of recoveries 2,711 1,047 3,806 1,847
Casualty and impairment gain, net 0 0 0 58
Total expenses 429,719 420,998 839,531 841,894
Equity in income (loss) of unconsolidated real estate entities 197 789 (863) 2,529
Gain on sale of communities 20,530 105,201 35,365 105,201
Gain on other real estate transactions, net 34 370 300 323
Income before income taxes 168,305 254,601 338,717 396,191
Income tax expense (refund) 0 58 (6) 58
Net income 168,305 254,543 338,723 396,133
Net (income) loss attributable to noncontrolling interests (24) 119 (76) 172
Net income attributable to common stockholders 168,281 254,662 338,647 396,305
Other comprehensive income (loss):        
(Loss) gain on cash flow hedges (2,888) 0 (10,119) 11,499
Cash flow hedge losses reclassified to earnings 1,611 1,455 3,079 3,213
Comprehensive income $ 167,004 $ 256,117 $ 331,607 $ 411,017
Earnings per common share - basic:        
Net income attributable to common stockholders (in dollars per share) $ 1.21 $ 1.84 $ 2.43 $ 2.87
Earnings per common share - diluted:        
Net income attributable to common stockholders (in dollars per share) $ 1.21 $ 1.84 $ 2.43 $ 2.87