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Condensed Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Amortization of Intangible Assets $ 3,600 $ 3,600 $ 5,500 $ 5,500
Property revenues        
Property revenues 255,761 237,133 504,328 467,816
Property expenses        
Property operating and maintenance 58,147 54,735 115,095 108,651
Real estate taxes 33,080 30,326 66,970 60,375
Total property expenses 91,227 85,061 182,065 169,026
Non-property income        
Fee and asset management 1,867 1,826 3,710 3,824
Interest and other income 331 491 629 1,284
Income on deferred compensation plans 3,856 435 14,212 230
Total non-property income 6,054 2,752 18,551 5,338
Other expenses        
Property management 6,093 6,473 12,750 13,112
Fee and asset management 1,522 1,088 2,706 2,053
General and administrative 13,261 12,272 26,569 24,495
Interest 19,349 20,607 39,819 40,981
Depreciation and amortization 84,646 75,569 164,920 145,793
Expense on deferred compensation plans 3,856 435 14,212 230
Total other expenses 128,727 116,444 260,976 226,664
Equity in income of joint ventures [1] 1,909 1,872 3,821 3,701
Income from continuing operations before income taxes 43,770 40,252 83,659 81,165
Income tax expense 228 380 396 768
Net income 43,542 39,872 83,263 80,397
Less income allocated to non-controlling interests from continuing operations (1,143) (1,201) (2,251) (2,331)
Net income attributable to common shareholders $ 42,399 $ 38,671 $ 81,012 $ 78,066
Earnings per share – basic $ 0.43 $ 0.40 $ 0.83 $ 0.81
Earnings per share – diluted $ 0.43 $ 0.40 $ 0.82 $ 0.81
Weighted average number of common shares outstanding – basic 98,903 95,243 97,903 95,155
Weighted average number of common shares outstanding – diluted 98,997 95,337 98,024 95,289
Condensed Consolidated Statements of Comprehensive Income        
Net income $ 43,542 $ 39,872 $ 83,263 $ 80,397
Other comprehensive income        
Unrealized (loss) gain on cash flow hedging activities (7,060) 5,181 (12,998) 8,782
Reclassification of net loss (gain) on cash flow hedging activities, prior service cost and net loss on post-retirement obligation (351) 34 (726) 69
Comprehensive income 36,131 45,087 69,539 89,248
Less income allocated to non-controlling interests from continuing operations (1,143) (1,201) (2,251) (2,331)
Comprehensive income attributable to common shareholders $ 34,988 $ 43,886 $ 67,288 $ 86,917
[1]
Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.