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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Revenues $ 310,733 $ 362,724
Expenses:    
Property operating expenses 268,742 287,391
Depreciation and amortization 57,259 66,153
General and administrative 7,285 7,542
Acquisition and certain other transaction related costs 928 0
Impairment of assets 0 (174)
Total expenses 334,214 360,912
Gain (loss) on sale of properties 327,794 (122)
Gain (loss) on equity securities (8,553) (8,339)
Interest and other income 395 2,835
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $2,472 and $2,812, respectively) (57,131) (60,091)
Loss on modification or early extinguishment of debt (483) (2,040)
Income (loss) from continuing operations before income tax expense and equity in earnings of investees 238,541 (65,945)
Income tax expense (1,472) (238)
Equity in earnings of investees 3,354 0
Net income (loss) 240,423 (66,183)
Net income attributable to noncontrolling interest 0 (1,322)
Net income (loss) attributable to common shareholders $ 240,423 $ (67,505)
Weighted average common shares outstanding (basic) (in shares) 238,149 237,834
Weighted average common shares outstanding (diluted) (in shares) 238,198 237,834
Per common share amounts (basic and diluted):    
Net income (loss) attributable to common shareholders - basic (in dollars per share) $ 1.01 $ (0.28)
Net income (loss) attributable to common shareholders - diluted (in dollars per share) $ 1.01 $ (0.28)
Affiliated Entity    
Expenses:    
Equity in earnings of investees $ 3,354 $ 0
Rental income    
Revenues:    
Revenues 65,285 102,758
Residents fees and services    
Revenues:    
Revenues $ 245,448 $ 259,966