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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, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Revenues $ 337,416 $ 394,339 $ 1,046,481 $ 1,247,117
Expenses:        
Property operating expenses 266,073 315,650 818,096 934,150
Depreciation and amortization 68,702 67,211 202,743 204,466
General and administrative 8,870 6,988 25,538 23,132
Acquisition and certain other transaction related costs 3,108 53 15,179 803
Impairment of assets 0 64,202 (174) 106,611
Total expenses 346,753 454,104 1,061,382 1,269,162
Gain (loss) on sale of properties 200 (211) 30,838 2,403
Gains and losses on equity securities, net (14,755) 12,510 (26,943) 14,541
Interest and other income 976 134 19,849 8,008
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $3,948, $2,448, $9,777 and $5,574, respectively) (64,493) (58,091) (192,241) (143,715)
Gain on lease termination 0 0 0 22,896
Loss on early extinguishment of debt 0 0 (2,410) (427)
Loss from continuing operations before income tax expense (87,409) (105,423) (185,808) (118,339)
Income tax expense (595) (365) (1,024) (1,048)
Net loss (88,004) (105,788) (186,832) (119,387)
Net income attributable to noncontrolling interest (1,339) (1,100) (4,238) (3,838)
Net loss attributable to common shareholders $ (89,343) $ (106,888) $ (191,070) $ (123,225)
Weighted average common shares outstanding (basic) (in shares) 238,008 237,752 237,905 237,707
Weighted average common shares outstanding (diluted) (in shares) 238,008 237,752 237,905 237,707
Per common share amounts (basic and diluted):        
Net loss attributable to common shareholders - basic (in dollars per share) $ (0.38) $ (0.45) $ (0.80) $ (0.52)
Net loss attributable to common shareholders - diluted (in dollars per share) $ (0.38) $ (0.45) $ (0.80) $ (0.52)
Rental income        
Revenues:        
Revenues $ 101,403 $ 104,238 $ 306,555 $ 320,943
Residents fees and services        
Revenues:        
Revenues $ 236,013 $ 290,101 $ 739,926 $ 926,174