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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Rental income $ 630,899 $ 526,703 $ 459,380
Residents fees and services 367,874 318,184 302,058
Total revenues 998,773 844,887 761,438
Expenses:      
Property operating expenses 377,579 324,564 299,878
Depreciation 257,783 185,391 153,026
General and administrative 42,830 38,946 32,657
Acquisition related costs 6,853 4,607 3,378
Impairment of assets 194 (10) 7,989
Total expenses 685,239 553,498 496,928
Operating income 313,534 291,389 264,510
Dividend income 2,773 63 250
Interest and other income 379 362 461
Interest expense (150,881) (135,114) (117,819)
Non Cash Loss On Special Distribution Of Equity (38,437)    
Loss on early extinguishment of debt (1,894) (12) (797)
Income from continuing operations before income tax expense and equity in earnings of an investee 125,474 156,688 146,605
Income tax expense (574) (576) (600)
Equity in (losses) earnings of an investee 20 87 334
Income from continuing operations 124,920 156,199 146,339
Discontinued operations:      
(Loss) income from discontinued operations (350) 1,362 5,043
Impairment of assets from discontinued operations (602) (4,377) (37,610)
Income before gain on sale of properties 123,968 153,184 113,772
Gain on sale of properties   5,453 37,392
Net income 123,968 158,637 151,164
Other comprehensive income:      
Change in net unrealized (loss) gain on investments (35,846) (5,085) 3,901
Share of comprehensive (loss) income of an investee (20) 2 (51)
Comprehensive income $ 88,102 $ 153,554 $ 155,014
Weighted average common shares outstanding (basic) (in shares) 232,931 198,868 187,271
Weighted average common shares outstanding (diluted) (in shares) 232,963 198,894 187,414
Per common share amounts (basic and diluted):      
Income from continuing operations (in dollars per share) $ 0.54 $ 0.81 $ 0.98
Loss from discontinued operations (in dollars per share) (0.01) (0.01) (0.17)
Net income (in dollars per share) $ 0.53 $ 0.80 $ 0.81