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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 634,795 $ 484,069
Operating expenses:    
Depreciation and amortization 77,211 51,604
Selling, general and administrative 45,052 36,893
Acquisition, litigation and other 20,751 1,688
Gain from sale of real estate 0 (2,461)
Total operating expenses 620,569 436,391
Operating income 14,226 47,678
Other income (expense):    
Interest expense (25,956) (23,870)
Interest income 224 587
Loss on debt extinguishment, modifications and termination of derivative instruments (3,499) (781)
Foreign currency exchange gain (loss), net 173 (492)
Other expense, net 505 871
Loss from investments in partially owned entities (700) (27)
(Loss) income before income tax benefit (expense) (15,027) 23,966
Income tax benefit (expense)    
Current (1,211) (2,557)
Deferred 2,002 2,102
Total income tax benefit (expense) 791 (455)
Net (loss) income (14,236) 23,511
Net income attributable to non controlling interests 178 0
Net (loss) income attributable to Americold Realty Trust $ (14,414) $ 23,511
Weighted average common shares outstanding – basic (in shares) 252,938 200,707
Weighted average common shares outstanding – diluted (in shares) 252,938 203,783
Net (loss) income per common share of beneficial interest - basic (in USD per share) $ (0.06) $ 0.12
Net (loss) income per common share of beneficial interest - diluted (in USD per share) $ (0.06) $ 0.11
Operating Segments    
Revenues:    
Total revenues $ 634,795 $ 484,069
Operating expenses:    
Operating income 157,240 135,402
Operating Segments | Rent, storage and warehouse services    
Revenues:    
Total revenues 485,451 381,068
Operating expenses:    
Cost of operations 339,270 254,295
Operating income 146,181 126,773
Operating Segments | Third-party managed services    
Revenues:    
Total revenues 73,072 64,921
Operating expenses:    
Cost of operations 68,690 61,152
Operating income 4,382 3,769
Operating Segments | Transportation services    
Revenues:    
Total revenues 76,272 35,917
Operating expenses:    
Cost of operations 69,569 31,112
Operating income 6,703 4,805
Operating Segments | Other    
Revenues:    
Total revenues 0 2,163
Operating expenses:    
Cost of operations 26 2,108
Operating income $ (26) $ 55