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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Rental income $ 132,715 $ 95,654 $ 390,605 $ 283,950
Fees and management income 2,766 8,974 9,078 26,823
Other property income 528 271 1,676 1,498
Total revenues 136,009 104,899 401,359 312,271
Expenses:        
Property operating 23,296 19,276 67,095 54,292
Real estate taxes 18,016 12,873 53,294 39,346
General and administrative 11,537 13,579 38,287 37,490
Depreciation and amortization 58,477 45,692 179,020 138,504
Impairment of real estate assets 35,710 16,757 74,626 27,696
Total expenses 147,036 108,177 412,322 297,328
Other:        
Interest expense, net (25,309) (17,336) (76,151) (51,166)
Gain on disposal of property, net 5,048 4,571 10,903 5,556
Other impairment charges 0 0 (9,661) 0
Other income (expense), net 1,561 (224) 8,185 (1,513)
Net loss (29,727) (16,267) (77,687) (32,180)
Net loss attributable to noncontrolling interests 3,850 3,039 10,045 6,001
Net loss attributable to stockholders $ (25,877) $ (13,228) $ (67,642) $ (26,179)
Earnings per common share:        
Net loss per share attributable to stockholders - basic and diluted (see Note 13) $ (0.09) $ (0.07) $ (0.24) $ (0.14)
Comprehensive loss:        
Net loss $ (29,727) $ (16,267) $ (77,687) $ (32,180)
Other comprehensive loss:        
Change in unrealized value on interest rate swaps (9,731) 2,869 (47,737) 21,212
Comprehensive loss (39,458) (13,398) (125,424) (10,968)
Net loss attributable to noncontrolling interests 3,850 3,039 10,045 6,001
Comprehensive loss (income) attributable to noncontrolling interests 1,293 (517) 6,399 (1,101)
Comprehensive loss attributable to stockholders $ (34,315) $ (10,876) $ (108,980) $ (6,068)