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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES        
Rental income $ 687,030 $ 598,059 $ 1,340,378 $ 1,195,661
EXPENSES        
Property and maintenance 116,355 107,746 241,229 224,800
Real estate taxes and insurance 101,850 97,401 202,538 200,871
Property management 26,559 24,455 57,306 50,585
General and administrative 16,423 14,678 33,661 30,061
Depreciation 223,806 200,673 453,767 400,635
Total expenses 484,993 444,953 988,501 906,952
Net gain (loss) on sales of real estate properties 107,897 223,738 107,795 223,695
Operating income 309,934 376,844 459,672 512,404
Interest and other income 596 24,104 4,124 24,320
Other expenses (2,380) (3,342) (5,436) (7,452)
Interest:        
Expense incurred, net (71,889) (67,124) (144,681) (134,482)
Amortization of deferred financing costs (2,124) (1,939) (4,201) (4,124)
Income before income and other taxes, income (loss) from investments in unconsolidated entities and net gain (loss) on sales of land parcels 234,137 328,543 309,478 390,666
Income and other tax (expense) benefit (291) (242) (573) (395)
Income (loss) from investments in unconsolidated entities (1,168) (261) (2,429) (1,872)
Net gain (loss) on sales of land parcels       5
Net income 232,678 328,040 306,476 388,404
Net (income) loss attributable to Noncontrolling Interests:        
Operating Partnership (7,633) (10,913) (10,027) (13,056)
Partially Owned Properties (944) (741) (1,583) (1,423)
Net income attributable to controlling interests 224,101 316,386 294,866 373,925
Preferred distributions (773) (772) (1,545) (1,545)
Net income available to Common Shares $ 223,328 $ 315,614 $ 293,321 $ 372,380
Earnings per share – basic:        
Net income available to Common Shares $ 0.59 $ 0.84 $ 0.78 $ 1.00
Weighted average Common Shares outstanding 375,769 373,812 375,640 373,050
Earnings per share – diluted:        
Net income available to Common Shares $ 0.59 $ 0.84 $ 0.78 $ 1.00
Weighted average Common Shares outstanding 389,363 387,820 389,463 387,367