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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Revenues $ 1,987,727 $ 1,783,705 $ 1,603,635
Operating expenses:      
Depreciation and amortization 215,891 163,348 117,653
Selling, general and administrative 144,738 129,310 110,825
Acquisition, litigation and other 36,306 40,614 3,935
Impairment of long-lived assets 8,236 13,485 747
(Gain) loss from sale of real estate (22,124) 34 (7,471)
Total operating expenses 1,819,276 1,652,239 1,423,675
Operating income 168,451 131,466 179,960
Other (expense) income:      
Interest expense (91,481) (94,408) (93,312)
Interest income 1,162 6,286 3,996
Bridge loan commitment fees (2,438) (2,665) 0
Loss on debt extinguishment, modifications and termination of derivative instruments (9,975) 0 (47,559)
Foreign currency exchange (loss) gain, net (45,278) 10 2,882
Other expense, net (2,563) (1,870) (532)
Loss from partially owned entities (250) (111) (1,069)
Gain from sale of partially owned entities 0 4,297 0
Income before income tax benefit 17,628 43,005 44,366
Income tax benefit:      
Current (6,805) (5,544) 467
Deferred 13,732 10,701 3,152
Total income tax benefit 6,927 5,157 3,619
Net income 24,555 48,162 47,985
Net income attributable to noncontrolling interests 15 0 0
Net income attributable to Americold Realty Trust 24,540 48,162 47,985
Less distributions on preferred shares of beneficial interest - Series A 0 0 (1)
Less distributions on preferred shares of beneficial interest - Series B 0 0 (1,817)
Net income available to common shareholders of beneficial interest $ 24,540 $ 48,162 $ 46,167
Weighted average common shares outstanding – basic (in shares) 203,255,000 179,598,000 141,415,000
Weighted average common shares outstanding – diluted (in shares) 206,940,000 183,950,000 144,338,000
Net income per common share of beneficial interest - basic (in USD per share) $ 0.11 $ 0.26 $ 0.31
Net income per common share of beneficial interest - diluted (in USD per share) $ 0.11 $ 0.26 $ 0.31
Transportation services      
Operating expenses:      
Impairment of long-lived assets   $ 900  
Operating Segments      
Revenues:      
Revenues $ 1,987,727 1,783,705 $ 1,603,635
Operating expenses:      
Operating income 551,498 478,257 405,649
Operating Segments | Rent, storage and warehouse services      
Revenues:      
Revenues 1,549,314 1,377,217 1,176,912
Operating expenses:      
Cost of operations 1,028,981 929,626 802,378
Operating income 520,333 447,591 374,534
Operating Segments | Third-party managed services      
Revenues:      
Revenues 291,751 252,939 259,034
Operating expenses:      
Cost of operations 279,523 241,178 244,274
Operating income 12,228 11,761 14,760
Operating Segments | Transportation services      
Revenues:      
Revenues 142,203 144,844 158,790
Operating expenses:      
Cost of operations 123,396 126,777 143,055
Operating income 18,807 18,067 15,735
Operating Segments | Other      
Revenues:      
Revenues 4,459 8,705 8,899
Operating expenses:      
Cost of operations 4,329 7,867 8,279
Operating income $ 130 $ 838 $ 620