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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income    
Lease income, net $ 49,926 $ 51,284
Total income 51,121 52,438
Operating expenses    
Depreciation and amortization 21,687 22,122
Property operating 8,009 7,108
Real estate taxes 8,133 8,489
General and administrative 10,351 7,195
Total operating expenses 48,180 44,914
Other (expense) income    
Interest expense, net (3,985) (4,809)
Provision for asset impairment 0 (9,002)
Gain on sale of investment properties, net 519 457
Equity in earnings of unconsolidated entities 620 789
Other income and expense, net (195) 1,555
Total other (expense) income, net (3,041) (11,010)
Net loss $ (100) $ (3,486)
Weighted-average number of common shares outstanding, basic (in shares) 719,462,786 720,825,864
Weighted-average number of common shares outstanding, diluted (in shares) 719,462,786 720,825,864
Net loss per common share, basic and diluted (in dollars per share) $ 0 $ 0
Distributions declared per common share outstanding (in dollars per share) 0.02 0.02
Distributions paid per common share outstanding (in dollars per share) $ 0.02 $ 0.02
Comprehensive income (loss)    
Net loss $ (100) $ (3,486)
Unrealized gain (loss) on derivatives 1,893 (14,141)
Reclassification to net loss 1,048 (145)
Comprehensive income (loss) 2,841 (17,772)
Other property income    
Income    
Income 182 191
Other fee income    
Income    
Income $ 1,013 $ 963