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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Rental income $ 1,232,776 $ 1,309,184 $ 907,451
Interest income 16,383 17,134 11,480
Other operating 19,157 17,451 13,706
Total Revenue 1,268,316 1,343,769 932,637
Expenses      
Property operating 473,444 500,437 344,038
General and administrative 83,121 58,405 52,734
Transaction costs 3,122 2,026 3,229
Merger-related costs 0 (1,952) 103,380
Depreciation and amortization 675,152 730,709 453,082
Total expenses 1,234,839 1,289,625 956,463
Other income (expense)      
Gain on sales of real estate properties and other assets 109,753 77,546 270,271
Interest expense 242,425 258,584 146,691
(Loss) gain on extinguishment of debt (237) 62 (2,401)
Impairment of real estate properties and credit loss reserves (313,547) (154,912) (54,427)
Impairment of goodwill (250,530) 0 0
Equity loss from unconsolidated joint ventures (135) (1,682) (687)
Interest and other (expense) income, net (260) 1,343 (1,546)
Total other income (expense) (697,381) (336,227) 64,519
Net (loss) income (663,904) (282,083) 40,693
Net loss attributable to non-controlling interests 9,419 3,822 204
Net (loss) income attributable to common stockholders $ (654,485) $ (278,261) $ 40,897
Basic and diluted earnings per share:      
Basic earnings per common share (in dollars per share) $ (1.81) $ (0.74) $ 0.15
Diluted earnings per common share (in dollars per share) $ (1.81) $ (0.74) $ 0.15
Weighted average number of shares outstanding, basic and diluted:      
Weighted average common shares outstanding - basic (in shares) 365,553,056 378,927,871 252,356,203
Weighted average common shares outstanding - diluted (in shares) 365,553,056 378,927,871 253,873,321
Revenue, Product and Service [Extensible List] Service [Member] Service [Member] Service [Member]