(in thousands, except per share amounts) 2000 1999 1998
Operating revenues:
  Rental revenue:
    Minimum base rent   $ 448,068   $ 422,440   $ 379,502
    Recoveries from tenants 64,344 58,426 46,947
    Parking and other tenant charges 19,447 17,983 14,006
      Total rental revenue 531,859 498,849 440,455
  Real estate service income 26,172 17,054 16,167
      Total operating revenues 558,031 515,903 456,622
Operating expenses:
  Property expenses:
    Operating expenses 124,119 122,676 109,514
    Real estate taxes 45,864 44,529 40,174
  Interest expense 98,348 89,057 71,419
  General and administrative 46,189 38,894 32,356
  Depreciation and amortization 128,542 119,700 100,810
      Total operating expenses 443,062 414,856 354,273
      Real estate operating income 114,969 101,047 102,349
Other income:
  Interest income 4,372 3,936 3,989
  Equity in earnings of unconsolidated entities 7,596 5,167 5,282
  Gain (loss) on treasury locks 4,489 (13,729 )
      Total other income 11,968 13,592 (4,458 )
      Income from continuing operations before income taxes,
       minority interest, and gain on sale of assets and other provisions, net 126,937 114,639 97,891
Income taxes (783 )
Minority interest (16,149 ) (17,599 ) (16,072 )
Gain on sale of assets and other provisions, net 36,371 54,822 38,160
      Income from continuing operations 147,159 151,079 119,979
Discontinued operations—Income (loss) from executive suite
 operations (net of applicable income tax expense (benefit)
 of $1,300, ($816) and $1,898, respectively) 456 (7,862 ) 6,518
Discontinued operations—Gain on sale of discontinued
 operations (less applicable income tax expense of $21,131) 31,852
      Net income $ 179,467 $ 143,217 $ 126,497
Basic net income per common share:
  Income from continuing operations $ 1.69 $ 1.71 $ 1.23
  Discontinued operations 0.01 (0.12 ) 0.10
  Gain on sale of discontinued operations 0.48
      Net income $ 2.18 $ 1.59 $ 1.33
Diluted net income per common share:
  Income from continuing operations $ 1.65 $ 1.71 $ 1.23
  Discontinued operations 0.01 (0.12 ) 0.09
  Gain on sale of discontinued operations 0.47
      Net income $ 2.13 $ 1.59 $ 1.32

See accompanying notes to consolidated financial statements.