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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES    
Rental income $ 208,371 $ 162,476
Total revenues 238,565 188,841
OPERATING EXPENSES    
Property operating expenses 70,567 61,228
Depreciation and amortization 82,557 53,810
General and administrative 14,525 10,916
Total operating expenses 167,649 125,954
Interest:    
Interest expense on loans (22,824) (19,234)
Loan procurement amortization expense (957) (1,035)
Equity in earnings of real estate ventures 294 20
Other (9,163) 677
Total other expense (32,650) (19,572)
NET INCOME 38,266 43,315
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS    
Noncontrolling interests in the Operating Partnership (292) (1,549)
Noncontrolling interest in subsidiaries 181 (34)
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 38,155 $ 41,732
Basic earnings per share attributable to common shareholders (in dollars per share) $ 0.17 $ 0.21
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.17 $ 0.21
Weighted average basic shares outstanding (in shares) 224,663 199,160
Weighted average diluted shares outstanding (in shares) 225,737 200,233
Other Property Related Income    
REVENUES    
Property related income $ 22,280 $ 19,304
Property Management Fee Income    
REVENUES    
Property related income $ 7,914 $ 7,061