XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Rental income $ 324,093 $ 138,489
Interest income 4,214 1,930
Other operating 4,618 2,475
Revenues 332,925 142,894
Expenses    
Property operating 122,040 57,464
General and administrative 14,935 11,036
Acquisition and pursuit costs 287 1,303
Merger-related costs 4,855 6,116
Depreciation and amortization 184,479 54,041
Expenses 326,596 129,960
Other income (expense)    
Gain on sales of real estate properties 1,007 44,784
Interest expense (63,759) (13,661)
Loss on extinguishment of debt 0 (1,429)
Impairment of real estate properties and credit loss reserves (31,422) 25
Equity loss from unconsolidated joint ventures (780) (345)
Interest and other income (expense), net 547 (81)
Total other income (expense) (94,407) 29,293
Net (loss) income (88,078) 42,227
Net loss attributable to non-controlling interests 953 0
Net (loss) income attributable to common stockholders $ (87,125) $ 42,227
Basic earnings per common share (in dollars per share) $ (0.23) $ 0.28
Diluted earnings per common share (in dollars per share) $ (0.23) $ 0.28
Weighted average common shares outstanding - basic 378,840,420 148,963,030
Weighted average common shares outstanding - diluted 378,840,420 149,051,264
Revenue, Product and Service [Extensible List] Service [Member] Service [Member]