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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE:    
Rental and other property revenue $ 160,331 $ 161,135
Other revenue 203 239
Total revenue 160,534 161,374
EXPENSES:    
Property operating expenses 59,971 59,255
Property management expenses 7,499 6,371
General and administrative expenses 8,381 8,154
Depreciation and amortization expense 53,721 53,536
Casualty losses 2,301 151
Total expenses 131,873 127,467
Interest expense (20,603) (22,124)
Gain on sale (loss on impairment) of real estate assets, net 10,530 985
Gain on extinguishment of debt 203 0
Other (loss) income, net (1) 93
Loss from investments in unconsolidated real estate entities (829) (776)
Restructuring costs 0 (3,213)
Net income: 17,961 8,872
Income allocated to noncontrolling interest (384) (224)
Net income allocable to common shares $ 17,577 $ 8,648
Earnings per share:    
Basic (in dollars per share) $ 0.08 $ 0.04
Diluted (in dollars per share) $ 0.08 $ 0.04
Weighted-average shares:    
Basic (in shares) 224,627,115 224,226,873
Diluted (in shares) 225,226,270 225,088,659