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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Rental income $ 225,190 $ 223,584
Total revenues 261,406 256,528
OPERATING EXPENSES    
Property operating expenses 77,037 71,127
Depreciation and amortization 50,717 50,329
General and administrative 15,625 14,674
Total operating expenses 143,379 136,130
Interest:    
Interest expense on loans (22,919) (23,691)
Loan procurement amortization expense (1,030) (1,040)
Equity in earnings of real estate ventures 845 2,551
Other (65) (276)
Total other (expense) income (23,169) (22,456)
NET INCOME 94,858 97,942
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS    
Net income attributable to noncontrolling interests in the Operating Partnership (541) (614)
Net loss attributable to noncontrolling interests in subsidiaries 210 238
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 94,527 $ 97,566
Basic earnings per share attributable to common shareholders (in dollars per share) $ 0.42 $ 0.43
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.42 $ 0.43
Weighted average basic shares outstanding (in shares) 225,767 225,294
Weighted average diluted shares outstanding (in shares) 226,575 226,183
Other Property Related Income    
REVENUES    
Property related income $ 26,316 $ 24,384
Property Management Fee Income    
REVENUES    
Property related income $ 9,900 $ 8,560