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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, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Revenues $ 394,339 $ 255,827 $ 1,247,117 $ 784,116
Expenses:        
Property operating expenses 315,650 125,083 934,150 362,498
Depreciation and amortization 67,211 73,368 204,466 219,522
General and administrative 6,988 9,604 23,132 28,287
Acquisition and certain other transaction related costs 53 2,492 803 11,209
Impairment of assets 64,202 33,099 106,611 41,518
Total expenses 454,104 243,646 1,269,162 663,034
(Loss) gain on sale of properties (211) 4,183 2,403 21,893
Dividend income 0 0 0 1,846
Gains and losses on equity securities, net 12,510 40 14,541 (41,476)
Interest and other income 134 238 8,008 590
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $2,448, $1,421, $5,574 and $4,592, respectively) (58,091) (44,817) (143,715) (136,840)
Gain on lease termination 0 0 22,896 0
Loss on early extinguishment of debt 0 0 (427) (17)
Loss from continuing operations before income tax (expense) benefit and equity in earnings of an investee (105,423) (28,175) (118,339) (32,922)
Income tax (expense) benefit (365) 146 (1,048) 47
Equity in earnings of an investee 0 83 0 617
Net income (loss) (105,788) (27,946) (119,387) (32,258)
Net income attributable to noncontrolling interest (1,100) (1,444) (3,838) (4,279)
Net income (loss) attributable to common shareholders (106,888) (29,390) (123,225) (36,537)
Other comprehensive (loss) income:        
Equity in unrealized (loss) gain of an investee 0 (46) 0 91
Other comprehensive (loss) income 0 (46) 0 91
Comprehensive loss (105,788) (27,992) (119,387) (32,167)
Comprehensive income attributable to noncontrolling interest (1,100) (1,444) (3,838) (4,279)
Comprehensive loss attributable to common shareholders $ (106,888) $ (29,436) $ (123,225) $ (36,446)
Weighted average common shares outstanding (basic) (in shares) 237,752 237,608 237,707 237,585
Weighted average common shares outstanding (diluted) (in shares) 237,752 237,608 237,707 237,585
Per common share amounts (basic and diluted):        
Net loss attributable to common shareholders (in dollars per share) $ (0.45) $ (0.12) $ (0.52) $ (0.15)
Rental income        
Revenues:        
Revenues $ 104,238 $ 148,011 $ 320,943 $ 459,349
Residents fees and services        
Revenues:        
Revenues $ 290,101 $ 107,816 $ 926,174 $ 324,767