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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUE:        
Rental and other property revenue $ 159,860 $ 168,375 $ 478,296 $ 493,111
Other revenue 275 232 776 826
Total revenue 160,135 168,607 479,072 493,937
EXPENSES:        
Property operating expenses 60,538 63,300 181,393 184,627
Property management expenses 7,379 7,232 22,544 20,421
General and administrative expenses 4,765 3,660 19,389 17,724
Depreciation and amortization expense 55,261 55,546 163,112 163,066
Casualty losses 1,249 35 4,015 866
Total expenses 129,192 129,773 390,453 386,704
Interest expense (18,308) (22,033) (56,371) (66,383)
Gain on sale (loss on impairment) of real estate assets, net 688 (11,268) 11,066 (10,284)
Gain on extinguishment of debt 0 0 203 0
Other loss 0 (369) (1) (348)
Loss from investments in unconsolidated real estate entities (703) (1,178) (2,382) (3,158)
Restructuring costs 0 0 0 (3,213)
Net income: 12,620 3,986 41,134 23,847
Income allocated to noncontrolling interest (255) (56) (840) (559)
Net income allocable to common shares $ 12,365 $ 3,930 $ 40,294 $ 23,288
Earnings per share:        
Basic (in dollars per share) $ 0.05 $ 0.02 $ 0.18 $ 0.10
Diluted (in dollars per share) $ 0.05 $ 0.02 $ 0.18 $ 0.10
Weighted-average shares:        
Basic (in shares) 224,820,656 224,498,374 224,747,327 224,383,590
Diluted (in shares) 226,058,400 225,140,555 225,530,265 225,103,475