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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income from rentals $ 2,588,962 $ 2,114,150 $ 1,885,637
Expenses:      
Rental operations 783,153 623,555 530,224
General and administrative 177,278 151,461 133,341
Interest 94,203 142,165 171,609
Depreciation and amortization 1,002,146 821,061 698,104
Impairment of real estate 64,969 52,675 48,078
Loss on early extinguishment of debt 3,317 67,253 60,668
Total expenses 2,125,066 1,858,170 1,642,024
Equity in earnings of unconsolidated real estate joint ventures 645 12,255 8,148
Investment (loss) income (331,758) 259,477 421,321
Gain on sales of real estate 537,918 126,570 154,089
Net income 670,701 654,282 827,171
Net income attributable to noncontrolling interests (149,041) (83,035) (56,212)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders 521,660 571,247 770,959
Net income attributable to unvested restricted stock awards (8,392) (7,848) (10,168)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ 513,268 $ 563,399 $ 760,791
Earnings per share - basic (USD per share) $ 3.18 $ 3.83 $ 6.03
Earnings per share - diluted (USD per share) $ 3.18 $ 3.82 $ 6.01
Income from rentals      
Income from rentals $ 2,576,040 $ 2,108,249 $ 1,878,208
Other income      
Income from rentals $ 12,922 $ 5,901 $ 7,429