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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental revenues $ 73,494 $ 48,629 $ 135,999 $ 99,061
Debt-related income 846 2,319 4,314 4,443
Total revenues 74,340 50,948 140,313 103,504
Operating expenses:        
Rental expenses 24,896 16,914 46,210 34,476
Real estate-related depreciation and amortization 36,903 17,174 64,354 33,907
General and administrative expenses 2,594 2,181 4,631 4,399
Advisory fees 8,227 5,085 15,370 9,909
Performance participation allocation 6,186 2,246 18,379 3,995
Acquisition costs and reimbursements 1,093 346 2,722 713
Impairment of real estate property 0 0 0 758
Total operating expenses 79,899 43,946 151,666 88,157
Other expenses (income):        
Equity in income from unconsolidated joint venture partnerships (1,718) 0 (708) 0
Interest expense 33,774 17,048 58,184 33,611
Gain on sale of real estate property (29,643) 0 (83,524) (27,342)
Gain on extinguishment of debt and financing commitments, net 8 0 8 0
Other income (1,413) (476) (3,540) (750)
Total other expenses (income) 1,008 16,572 (29,580) 5,519
Net (loss) income (6,567) (9,570) 18,227 9,828
Net loss (income) attributable to redeemable noncontrolling interests 60 64 (186) (70)
Net loss (income) attributable to noncontrolling interests 919 923 (2,618) (776)
Net (loss) income attributable to common stockholders $ (5,588) $ (8,583) $ 15,423 $ 8,982
Weighted average number of common shares outstanding        
Weighted-average shares outstanding-basic (in shares) 191,158 150,126 184,878 148,005
Weighted-average shares outstanding-diluted (in shares) 224,857 167,387 217,806 164,255
Net (loss) income attributable to common stockholders per common share - basic $ (0.03) $ (0.06) $ 0.08 $ 0.06
Net (loss) income attributable to common stockholders per common share - diluted $ (0.03) $ (0.06) $ 0.08 $ 0.06