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v3.22.4

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Revenues: |  |  |
Total Revenues | $ 762,290 | $ 755,073 | $ 740,340
Expenses: |  |  |
Rental property operating expenses | 258,371 | 259,461 | 250,850
Reimbursed expenses | 2,024 | 2,476 | 1,580
General and administrative expenses | 28,319 | 29,321 | 27,034
Interest expense | 72,537 | 67,027 | 60,605
Impairment | 0 | 0 | 14,829
Depreciation and amortization | 295,587 | 288,092 | 288,648
Transaction costs | 0 | 0 | 428
Other | 2,134 | 2,131 | 2,091
Total costs and expenses | 658,972 | 648,508 | 646,065
Income from unconsolidated joint ventures | 7,700 | 6,801 | 7,947
Gain on sales of investments in unconsolidated joint ventures | 56,267 | 13,083 | 45,767
Gain (loss) on investment property transactions | (9) | 152,547 | 90,125
Gain on extinguishment of debt | 169 | 0 | 0
Net income | 167,445 | 278,996 | 238,114
Net income attributable to noncontrolling interests | (652) | (410) | (836)
Net income available to common stockholders | $ 166,793 | $ 278,586 | $ 237,278
Net income per common share — basic (in usd per share) | $ 1.11 | $ 1.87 | $ 1.60
Net income per common share — diluted (in usd per share) | $ 1.11 | $ 1.87 | $ 1.60
Weighted average shares — basic (in shares) | 150,113 | 148,666 | 148,277
Weighted average shares — diluted (in shares) | 150,419 | 148,891 | 148,636
Dividends declared per common share (in usd per share) | $ 1.28 | $ 1.24 | $ 1.20
Rental property revenues |  |  |
Revenues: |  |  |
Total Revenues | $ 753,511 | $ 739,063 | $ 721,883
Fee income |  |  |
Revenues: |  |  |
Total Revenues | 6,119 | 15,559 | 18,226
Other |  |  |
Revenues: |  |  |
Total Revenues | $ 2,660 | $ 451 | $ 231

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