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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 757,780 $ 708,808 $ 2,193,231 $ 1,998,310
Operating expenses:        
Depreciation and amortization 83,669 70,569 248,979 232,239
Selling, general and administrative 57,119 45,545 170,994 133,072
Acquisition, litigation and other, net 4,874 6,338 20,612 31,011
Impairment of indefinite and long-lived assets 6,616 1,784 6,616 3,312
Loss from sale of real estate 5,710 0 5,710 0
Total operating expenses 734,610 677,250 2,138,405 1,929,562
Operating income 23,170 31,558 54,826 68,748
Other expense, net:        
Interest expense (30,402) (25,303) (82,720) (77,838)
Loss on debt extinguishment, modifications and termination of derivative instruments (1,040) (627) (2,284) (5,051)
Other, net (2,593) (57) (1,197) 1,021
Loss from investments in partially owned entities (1,440) (489) (7,199) (1,250)
(Loss) income before income taxes (12,305) 5,082 (38,574) (14,370)
Income tax (expense) benefit        
Current (1,006) (3,336) (3,004) (6,953)
Deferred 4,374 3,562 19,149 (1,004)
Total income tax benefit (expense) 3,368 226 16,145 (7,957)
Net (loss) income (8,937) 5,308 (22,429) (22,327)
Net (loss) income attributable to noncontrolling interests (25) 14 (45) 163
Net (loss) income attributable to Americold Realty Trust, Inc. $ (8,912) $ 5,294 $ (22,384) $ (22,490)
Weighted average common stock outstanding – basic (in shares) 269,586 261,865 269,467 256,129
Weighted average common stock outstanding – diluted (in shares) 269,586 262,550 269,467 256,129
Net (loss) income per common share - basic (in USD per share) $ (0.03) $ 0.02 $ (0.08) $ (0.09)
Net (loss) income per common share - diluted (in USD per share) $ (0.03) $ 0.02 $ (0.08) $ (0.09)
Rent, storage and warehouse services        
Operating expenses:        
Cost of operations $ 432,315 $ 397,055 $ 1,240,376 $ 1,095,680
Third-party managed services        
Operating expenses:        
Cost of operations 78,776 83,231 240,900 222,401
Transportation services        
Operating expenses:        
Cost of operations 65,531 72,728 204,218 211,847
Operating Segments        
Revenues:        
Total revenues 757,780 708,808 2,193,231 1,998,310
Operating Segments | Rent, storage and warehouse services        
Revenues:        
Total revenues 598,977 542,047 1,704,281 1,531,232
Operating Segments | Third-party managed services        
Revenues:        
Total revenues 82,436 87,782 251,782 233,027
Operating Segments | Transportation services        
Revenues:        
Total revenues $ 76,367 $ 78,979 $ 237,168 $ 234,051