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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table below compares Segment Profit for each of our operating segments and reconciles total Segment Profit to Net Loss for the three and nine months ended September 30, 2018 (in thousands):
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
 
Owned Real Estate
 
Investment Management
 
Total
 
Owned Real Estate
 
Investment Management
 
Total
Total revenues
$
95,788

 
$
9,111

 
$
104,899

 
$
285,041

 
$
27,230

 
$
312,271

Property operating expenses
(15,940
)
 
(3,336
)
 
(19,276
)
 
(45,442
)
 
(8,850
)
 
(54,292
)
Real estate tax expenses
(12,698
)
 
(175
)
 
(12,873
)
 
(38,737
)
 
(609
)
 
(39,346
)
General and administrative expenses
(588
)
 
(3,540
)
 
(4,128
)
 
(1,817
)
 
(9,599
)
 
(11,416
)
Segment profit
$
66,562

 
$
2,060

 
68,622

 
$
199,045

 
$
8,172

 
207,217

Corporate general and administrative
   expenses
 
 
 
 
(9,451
)
 
 
 
 
 
(26,074
)
Depreciation and amortization
 
 
 
 
(45,692
)
 
 
 
 
 
(138,504
)
Impairment of real estate assets
 
 
 
 
(16,757
)
 
 
 
 
 
(27,696
)
Interest expense, net
 
 
 
 
(17,336
)
 
 
 
 
 
(51,166
)
Gain on sale of property, net
 
 
 
 
4,571

 
 
 
 
 
5,556

Other loss, net
 
 
 
 
(224
)
 
 
 
 
 
(1,513
)
Net loss
 
 
 
 
(16,267
)
 
 
 
 
 
(32,180
)