| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Rental revenue | ||||||
734,477 | 727,295 | 683,490 | 590,161 | 586,530 | ||
REVENUES: | ||||||
Tenant reimbursement income | ||||||
- | - | - | 44,943 | 50,885 | ||
Fee and other income | ||||||
34,703 | 31,666 | 35,477 | 48,237 | 24,993 | ||
Total revenues | ||||||
769,180 | 758,961 | 718,967 | 683,341 | 662,408 | ||
Expenses: | ||||||
Operating | ||||||
274,836 | 274,078 | 266,136 | 250,040 | 244,754 | ||
Depreciation and amortization | ||||||
248,347 | 258,225 | 266,037 | 269,450 | 294,624 | ||
General and administrative | ||||||
68,556 | 57,563 | 61,577 | 53,510 | 42,056 | ||
Transaction related costs | ||||||
1,999 | 1,471 | 2,027 | 2,404 | 10,355 | ||
Total expenses | ||||||
593,738 | 591,337 | 595,777 | 575,404 | 591,789 | ||
Other income (expense): | ||||||
Operating income | ||||||
- | - | - | 107,937 | 70,619 | ||
Loss from unconsolidated joint ventures | ||||||
-4,706 | 3,468 | 20,185 | 7,413 | 6,850 | ||
Income from unconsolidated real estate funds | ||||||
-343 | -269 | -6,143 | -498 | 37,975 | ||
Interest and other (loss) income, net | ||||||
9,844 | 8,117 | -9,031 | 6,934 | 871 | ||
Interest and debt expense | ||||||
156,679 | 147,653 | 143,762 | 153,138 | 168,366 | ||
Loss on early extinguishment of debt | ||||||
-11,989 | - | -7,877 | -4,608 | - | ||
Real estate impairment loss | ||||||
42,000 | 46,000 | - | - | - | ||
Gain on sale of real estate | ||||||
1,140 | 36,845 | 133,989 | - | - | ||
Unrealized gain on interest rate swaps | ||||||
- | - | 1,802 | 39,814 | 75,760 | ||
Income from continuing operations, before income taxes | ||||||
-29,291 | 22,132 | 112,353 | 3,854 | 23,709 | ||
Income tax expense | ||||||
312 | 3,139 | 5,177 | 1,785 | 2,566 | ||
Net income | ||||||
-29,603 | 18,993 | 107,176 | 2,069 | 21,143 | ||
Less net (income) loss attributable to noncontrolling interests in: | ||||||
Consolidated joint ventures | ||||||
11,022 | 8,182 | -10,365 | 15,423 | 5,459 | ||
Consolidated real estate fund | ||||||
313 | 720 | 19,797 | -1,316 | 21,173 | ||
Operating Partnership | ||||||
-4,039 | 944 | 11,363 | -2,104 | -1,070 | ||
Net income attributable to common stockholders | ||||||
-36,899 | 9,147 | 86,381 | -9,934 | -4,419 | ||
Net income per common share | ||||||
-0.16 | 0.04 | 0.37 | -0.05 | -0.02 | ||
Weighted average common shares outstanding | ||||||
231,538 | 239,527 | 236,373 | 218,053 | 212,106 | ||
Net income per common share | ||||||
-0.16 | 0.04 | 0.37 | -0.05 | -0.02 | ||
Weighted average common shares outstanding | ||||||
231,538 | 239,556 | 236,402 | 218,053 | 212,106 | ||
DIVIDENDS PER COMMON SHARE | ||||||
- | - | - | - | 0.41 | ||