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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Rental income $ 158,863 $ 137,614 $ 460,193 $ 377,339
Residents fees and services 96,412 79,259 271,061 237,740
Total revenues 255,275 216,873 731,254 615,079
Expenses:        
Property operating expenses 96,927 82,706 276,313 240,297
Depreciation 70,016 50,074 186,234 135,132
General and administrative 10,316 10,384 32,563 28,250
Acquisition related costs 742 15 6,517 2,649
Impairment of assets (98)   (98)  
Total expenses 177,903 143,179 501,529 406,328
Operating income 77,372 73,694 229,725 208,751
Interest and other income 57 78 274 336
Interest expense (38,989) (36,201) (112,838) (99,213)
Loss on early extinguishment of debt (21)   (1,469)  
Income from continuing operations before income tax expense and equity in (losses) earnings of an investee 38,419 37,571 115,692 109,874
Income tax expense (146) (156) (385) (502)
Equity in (losses) earnings of an investee (24) 38 70 59
Income from continuing operations 38,249 37,453 115,377 109,431
Discontinued operations:        
(Loss) income from discontinued operations   (557) (350) 1,484
Impairment of assets from discontinued operations   216 (602) (117)
Income before gain on sale of properties 38,249 37,112 114,425 110,798
Gain on sale of properties       2,552
Net income 38,249 37,112 114,425 113,350
Other comprehensive income:        
Change in net unrealized (loss) gain on investments (7,242) (5,404) (4,407) (6,684)
Share of comprehensive (loss) income of an investee (72) (33) (91) 17
Other comprehensive (loss) income (7,314) (5,437) (4,498) (6,667)
Comprehensive income $ 30,935 $ 31,675 $ 109,927 $ 106,683
Weighted average common shares outstanding (basic) (in shares) 237,263 203,647 231,454 197,225
Weighted average common shares outstanding (diluted) (in shares) 237,293 203,675 231,486 197,256
Per common share amounts (basic and diluted):        
Income from continuing operations (in dollars per share) $ 0.16 $ 0.18 $ 0.50 $ 0.56
(Loss) income from discontinued operations (in dollars per share)     (0.01) 0.01
Net income (in dollars per share) $ 0.16 $ 0.18 $ 0.49 $ 0.57