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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental revenues $ 76,988 $ 53,596 $ 212,987 $ 152,657
Debt-related income 1,548 2,298 5,862 6,741
Total revenues 78,536 55,894 218,849 159,398
Operating expenses:        
Rental expenses 28,095 17,842 74,305 52,318
Real estate-related depreciation and amortization 36,713 18,821 101,067 52,728
General and administrative expenses 3,155 2,183 7,786 6,582
Advisory fees 8,980 5,480 24,351 15,389
Performance participation allocation 3,710 3,774 22,088 7,769
Acquisition costs and reimbursements 1,176 738 3,898 1,451
Impairment of real estate property 0 0 0 758
Total operating expenses 81,829 48,838 233,495 136,995
Other expenses (income):        
Equity in income from unconsolidated joint venture partnerships (1,590) 0 (2,298) 0
Interest expense 42,255 17,866 100,439 51,477
Gain on sale of real estate property (11,303) (25,979) (94,827) (53,321)
Loss on extinguishment of debt and financing commitments, net 0 0 8 0
Other income (2,534) (524) (6,074) (1,274)
Total other expenses (income) 26,828 (8,637) (2,752) (3,118)
Net (loss) income (30,121) 15,693 (11,894) 25,521
Net loss (income) attributable to redeemable noncontrolling interests 253 (99) 67 (169)
Net loss (income) attributable to noncontrolling interests 4,996 (1,654) 2,378 (2,430)
Net (loss) income attributable to common stockholders $ (24,872) $ 13,940 $ (9,449) $ 22,922
Weighted average number of common shares outstanding        
Weighted-average shares outstanding-basic (in shares) 200,667 157,025 190,199 151,045
Weighted-average shares outstanding-diluted (in shares) 242,994 176,777 226,294 168,475
Net (loss) income attributable to common stockholders per common share - basic $ (0.12) $ 0.09 $ (0.05) $ 0.15
Net (loss) income attributable to common stockholders per common share - diluted $ (0.12) $ 0.09 $ (0.05) $ 0.15