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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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Property revenues        
Property revenues $ 276,523 $ 250,683 $ 544,091 $ 516,562
Property expenses        
Property operating and maintenance 65,544 64,641 129,023 124,597
Real estate taxes 37,427 35,040 74,880 69,220
Total property expenses 102,971 99,681 203,903 193,817
Non-property income        
Fee and asset management 2,263 2,380 4,469 4,907
Interest and other income 257 325 589 654
Income/(loss) on deferred compensation plans 6,400 11,435 10,026 (3,425)
Total non-property income 8,920 14,140 15,084 2,136
Other expenses        
Property management 6,436 5,939 12,560 12,466
Fee and asset management 1,019 820 2,151 1,663
General and administrative 15,246 14,391 29,468 27,624
Interest 24,084 23,482 47,728 43,189
Depreciation and amortization 99,586 92,803 192,727 184,662
Expense/(benefit) on deferred compensation plans 6,400 11,435 10,026 (3,425)
Total other expenses 152,771 148,870 294,660 266,179
Gain on sale of land     0 382
Equity in income of joint ventures [1] 2,198 1,633 4,112 3,755
Income from continuing operations before income taxes 31,899 17,905 64,724 62,839
Income tax expense (460) (394) (812) (861)
Net income 31,439 17,511 63,912 61,978
Less income allocated to non-controlling interests (1,260) (1,034) (2,386) (2,217)
Net income attributable to common shareholders $ 30,179 $ 16,477 $ 61,526 $ 59,761
Earnings per share – basic $ 0.30 $ 0.17 $ 0.61 $ 0.60
Earnings per share – diluted $ 0.30 $ 0.17 $ 0.61 $ 0.60
Weighted average number of common shares outstanding – basic 100,701 99,399 100,127 99,348
Weighted average number of common shares outstanding – diluted 100,767 99,408 100,197 99,394
Condensed Consolidated Statements of Comprehensive Income        
Net income $ 31,439 $ 17,511 $ 63,912 $ 61,978
Other comprehensive income        
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation 372 366 745 732
Comprehensive income 31,811 17,877 64,657 62,710
Less income allocated to non-controlling interests (1,260) (1,034) (2,386) (2,217)
Comprehensive income attributable to common shareholders $ 30,551 $ 16,843 $ 62,271 $ 60,493
[1] Equity in income for the three and six months ended June 30, 2020 includes our ownership interest of the Resident Relief Funds payments of approximately $0.4 million.