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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenues $ 346,341 $ 410,311 $ 709,065 $ 852,778
Expenses:        
Property operating expenses 264,632 301,915 552,023 618,500
Depreciation and amortization 67,888 68,825 134,041 137,255
General and administrative 9,126 7,312 16,668 16,144
Acquisition and certain other transaction related costs 12,071 87 12,071 750
Impairment of assets 0 31,175 (174) 42,409
Total expenses 353,717 409,314 714,629 815,058
Gain (loss) on sale of properties 30,760 (168) 30,638 2,614
Gains and losses on equity securities, net (3,849) 11,974 (12,188) 2,031
Interest and other income 16,038 7,736 18,873 7,874
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $3,017, $1,617, $5,829 and $3,126, respectively) (67,657) (43,974) (127,748) (85,624)
Gain on lease termination 0 0 0 22,896
Loss on early extinguishment of debt (370) (181) (2,410) (427)
Loss from continuing operations before income tax expense (32,454) (23,616) (98,399) (12,916)
Income tax expense (191) (1,126) (429) (683)
Net loss (32,645) (24,742) (98,828) (13,599)
Net income attributable to noncontrolling interest (1,577) (1,330) (2,899) (2,738)
Net loss attributable to common shareholders $ (34,222) $ (26,072) $ (101,727) $ (16,337)
Weighted average common shares outstanding (basic) (in shares) 237,871 237,700 237,853 237,684
Weighted average common shares outstanding (diluted) (in shares) 237,871 237,700 237,853 237,684
Per common share amounts (basic and diluted):        
Net loss attributable to common shareholders - basic (in dollars per share) $ (0.14) $ (0.11) $ (0.43) $ (0.07)
Net loss attributable to common shareholders - diluted (in dollars per share) $ (0.14) $ (0.11) $ (0.43) $ (0.07)
Rental income        
Revenues:        
Revenues $ 102,394 $ 106,207 $ 205,152 $ 216,705
Residents fees and services        
Revenues:        
Revenues $ 243,947 $ 304,104 $ 503,913 $ 636,073