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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Rental income $ 121,363 $ 104,067
Interest income on loans receivable 419 986
Earned income from direct financing leases 177 396
Related party fee income 250 6,927
Other income 511 217
Total revenues 122,720 112,593
Expenses:    
General and administrative 13,490 13,181
Property costs (including reimbursable) 5,936 5,154
Deal pursuit costs 1,019 71
Interest 25,359 26,611
Depreciation and amortization 52,236 41,349
Impairments 40,774 3,692
Total expenses 138,814 90,058
Other income:    
Gain on debt extinguishment   8,783
Gain on disposition of assets 388 8,730
Preferred dividend income from SMTA   3,750
Total other income 388 21,263
(Loss) income before income tax expense (15,706) 43,798
Income tax expense (141) (220)
Net (loss) income (15,847) 43,578
Dividends paid to preferred shareholders (2,588) (2,588)
Net (loss) income attributable to common stockholders/after preferred distributions $ (18,435) $ 40,990
Net (loss) income per share attributable to common stockholders:    
Basic (in USD per share) $ (0.18) $ 0.48
Diluted (in USD per share) $ (0.18) $ 0.48
Weighted average shares of common stock outstanding:    
Basic (in shares) 102,230,147 85,497,093
Diluted (in shares) 102,230,147 85,504,897
Dividends declared per common share/per partnership unit issued (in USD per share) $ 0.6250 $ 0.6250
Spirit Realty, L.P.    
Revenues:    
Rental income $ 121,363 $ 104,067
Interest income on loans receivable 419 986
Earned income from direct financing leases 177 396
Related party fee income 250 6,927
Other income 511 217
Total revenues 122,720 112,593
Expenses:    
General and administrative 13,490 13,181
Property costs (including reimbursable) 5,936 5,154
Deal pursuit costs 1,019 71
Interest 25,359 26,611
Depreciation and amortization 52,236 41,349
Impairments 40,774 3,692
Total expenses 138,814 90,058
Other income:    
Gain on debt extinguishment   8,783
Gain on disposition of assets 388 8,730
Preferred dividend income from SMTA   3,750
Total other income 388 21,263
(Loss) income before income tax expense (15,706) 43,798
Income tax expense (141) (220)
Net (loss) income (15,847) 43,578
Dividends paid to preferred shareholders (2,588) (2,588)
Net (loss) income attributable to common stockholders/after preferred distributions $ (18,435) $ 40,990
Weighted average shares of common stock outstanding:    
Dividends declared per common share/per partnership unit issued (in USD per share) $ 0.6250 $ 0.6250
Net (loss) income attributable to the general partner $ (143) $ 380
Net (loss) income attributable to the limited partners $ (15,704) $ 43,198
Net (loss) income per partnership unit:    
Basic $ (0.18) $ 0.48
Diluted $ (0.18) $ 0.48
Weighted average partnership units outstanding:    
Basic 102,230,147 85,497,093
Diluted 102,230,147 85,504,897