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Condensed Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Property revenues        
Property revenues $ 294,130 $ 265,721 $ 838,221 $ 782,283
Property expenses        
Property operating and maintenance 71,337 65,191 200,360 189,788
Real estate taxes 38,731 35,861 113,611 105,081
Total property expenses 110,068 101,052 313,971 294,869
Non-property income        
Fee and asset management 3,248 2,542 7,717 7,449
Interest and other income 443 1,948 1,032 2,602
Income/(loss) on deferred compensation plans (843) 5,071 9,183 1,646
Total non-property income 2,848 9,561 17,932 11,697
Other expenses        
Property management 6,640 5,894 19,200 18,360
Fee and asset management 1,159 1,018 3,310 2,681
General and administrative 14,960 12,726 44,428 40,350
Interest 24,987 24,265 72,715 67,454
Depreciation and amortization 111,462 90,575 304,189 275,237
Expense/(benefit) on deferred compensation plans (843) 5,071 9,183 1,646
Total other expenses 158,365 139,549 453,025 405,728
Gain on sale of land     0 382
Equity in income of joint ventures [1] 2,540 2,154 6,652 5,909
Income from continuing operations before income taxes 31,085 36,835 95,809 99,674
Income tax expense (480) (615) (1,292) (1,476)
Net income 30,605 36,220 94,517 98,198
Less income allocated to non-controlling interests (1,122) (1,263) (3,508) (3,480)
Net income attributable to common shareholders $ 29,483 $ 34,957 $ 91,009 $ 94,718
Earnings per share – basic $ 0.29 $ 0.35 $ 0.90 $ 0.95
Earnings per share – diluted $ 0.29 $ 0.35 $ 0.90 $ 0.95
Weighted average number of common shares outstanding – basic 103,071 99,419 101,119 99,372
Weighted average number of common shares outstanding – diluted 103,171 99,455 101,199 99,414
Condensed Consolidated Statements of Comprehensive Income        
Net income $ 30,605 $ 36,220 $ 94,517 $ 98,198
Other comprehensive income        
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation 372 366 1,117 1,098
Comprehensive income 30,977 36,586 95,634 99,296
Less income allocated to non-controlling interests (1,122) (1,263) (3,508) (3,480)
Comprehensive income attributable to common shareholders $ 29,855 $ 35,323 $ 92,126 $ 95,816
[1] Equity in income for the nine months ended September 30, 2020 includes our ownership interest of the Resident Relief Funds payments of approximately $0.4 million.