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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUES      
Rental income $ 871,928 $ 805,002 $ 746,484
Joint Venture Managment and Other Fees 22,710 13,044 12,442
Total revenues 894,638 818,046 758,926
Rental expenses:      
Property operating and maintenance 155,096 149,428 144,319
Real estate taxes and insurance 102,963 99,175 93,765
Property management 23,978 22,138 20,528
Other operating expenses 9,708 8,271 7,136
Real estate depreciation and amortization 374,598 358,154 339,532
General and administrative 59,690 47,800 42,238
Casualty-related (recoveries)/charges, net 2,335 541 (12,253)
Other depreciation and amortization 6,679 5,775 6,741
Total operating expenses 735,047 691,282 642,006
Operating income 159,591 126,764 116,920
Income/(loss) from unconsolidated entities 62,329 (7,006) (415)
Interest Expense (121,875) (130,454) (126,083)
Interest income and other income/(expense), net 1,551 11,858 4,619
Income/(loss) before income taxes, discontinued operations and gain/(loss) on sale of real estate owned 101,596 1,162 (4,959)
Tax benefit/(provision), net 3,886 (25,994) 8,281
Income/(loss) from continuing operations 105,482 16,260 2,340
Income/(loss) from discontinued operations, net of tax 0 10 43,942
Income/(loss) before gain/(loss) on sale of real estate owned 105,482 16,270 46,282
Gain/(loss) on sales of real estate owned, net of tax 251,677 143,572 0
Net income/(loss) 357,159 159,842 46,282
Net (income)/loss attributable to redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership (16,773) (5,511) (1,530)
Net Income (Loss) Attributable to Noncontrolling Interest 3 (3) (60)
Net income/(loss) attributable to Entity 340,383 154,334 44,812
Distributions to preferred stockholders (3,722) (3,724) (3,724)
Net income/(loss) attributable to common stockholders $ 336,661 $ 150,610 $ 41,088
Earnings per weighted average common share - basic and diluted:      
Income/(loss) from continuing operations attributable to common stockholders $ 1.30 $ 0.60 $ (0.01)
Income/(loss) from discontinued operations attributable to common stockholders 0.00 0.00 0.17
Net income/(loss) attributable to common stockholders 1.30 0.60 0.16
Income/(loss) from continuing operations attributable to common stockholders 1.29 0.59 (0.01)
Income/(loss) from discontinued operations attributable to common stockholders 0.00 0.00 0.17
Net income(loss) attributable to common stockholders $ 1.29 $ 0.59 $ 0.16
Weighted average number of common shares outstanding — basic 258,669 251,528 249,969
Weighted average number of common shares outstanding — diluted 263,752 253,445 249,969
Continuing Operations [Member]      
Rental expenses:      
Tax benefit/(provision), net $ 3,886 $ 15,098 $ 7,299