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Condensed Consolidated Statements of Income and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Lease revenues, net $ 118,992 $ 93,841
Operating expenses    
Depreciation and amortization 41,784 34,290
Property and operating expense 5,886 5,044
General and administrative 10,416 8,828
Provision for impairment of investment in rental properties 1,473 0
Total operating expenses 59,559 48,162
Other income (expenses)    
Interest income 162 0
Interest expense (21,139) (16,896)
Gain on sale of real estate 3,415 1,196
Income taxes (479) (412)
Other income (18) (1,126)
Net income 41,374 28,441
Net income attributable to non-controlling interests (2,070) (1,683)
Net income attributable to Broadstone Net Lease, Inc. $ 39,304 $ 26,758
Weighted average number of common shares outstanding    
Weighted average number of common shares outstanding-Basic 186,130,000 163,809,000
Weighted average number of common shares outstanding-Diluted 196,176,000 174,288,000
Net earnings per share attributable to common stockholders    
Earnings Per Share, Basic $ 0.21 $ 0.16
Earnings Per Share, Diluted $ 0.21 $ 0.16
Comprehensive income    
Net income $ 41,374 $ 28,441
Other comprehensive income    
Change in fair value of interest rate swaps (17,899) 34,961
Realized loss on interest rate swaps (522) (659)
Comprehensive income 23,997 64,061
Comprehensive income attributable to non-controlling interests (1,200) (3,790)
Comprehensive income attributable to Broadstone Net Lease, Inc. $ 22,797 $ 60,271