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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 255,827 $ 278,969 $ 784,116 $ 831,942
Expenses:        
Property operating expenses 125,083 115,987 362,498 334,141
Depreciation and amortization 73,368 71,661 219,522 214,300
General and administrative 9,604 31,032 28,287 85,228
Acquisition and certain other transaction related costs 2,492 51 11,209 138
Impairment of assets 33,099 4,525 41,518 5,073
Total expenses 243,646 223,256 663,034 638,880
Gain on sale of properties 4,183 0 21,893 261,916
Dividend income 0 660 1,846 1,978
Gains and losses on equity securities, net 40 35,137 (41,476) 85,643
Interest and other income 238 248 590 362
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $1,421, $1,626, $4,592 and $4,579, respectively) (44,817) (45,416) (136,840) (133,781)
Gain (loss) on early extinguishment of debt 0 108 (17) (22)
(Loss) income from continuing operations before income tax benefit (expense) and equity in earnings of an investee (28,175) 46,450 (32,922) 409,158
Income tax benefit (expense) 146 (79) 47 (444)
Equity in earnings of an investee 83 831 617 882
Net (loss) income (27,946) 47,202 (32,258) 409,596
Net income attributable to noncontrolling interest (1,444) (1,397) (4,279) (4,181)
Net income (loss) attributable to common shareholders (29,390) 45,805 (36,537) 405,415
Other comprehensive (loss) income:        
Equity in unrealized (loss) gain of an investee (46) 173 91 90
Other comprehensive (loss) income (46) 173 91 90
Comprehensive (loss) income (27,992) 47,375 (32,167) 409,686
Comprehensive income attributable to noncontrolling interest (1,444) (1,397) (4,279) (4,181)
Comprehensive (loss) income attributable to common shareholders $ (29,436) $ 45,978 $ (36,446) $ 405,505
Weighted average common shares outstanding (basic) (in shares) 237,608 237,511 237,585 237,492
Weighted average common shares outstanding (diluted) (in shares) 237,608 237,562 237,585 237,526
Per common share amounts (basic and diluted):        
Net (loss) income attributable to common shareholders (in dollars per share) $ (0.12) $ 0.19 $ (0.15) $ 1.71
Rental income        
Revenues:        
Total revenues $ 148,011 $ 173,648 $ 459,349 $ 521,961
Residents fees and services        
Revenues:        
Total revenues $ 107,816 $ 105,321 $ 324,767 $ 309,981