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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues [Abstract]        
Rental income $ 117,247 $ 102,294 $ 353,057 $ 294,271
Other income 48 127 403 498
Total revenue 117,295 102,421 353,460 294,769
Expenses        
Property 20,817 18,157 63,156 54,623
General and administrative 9,537 8,924 29,316 26,723
Depreciation and amortization 53,921 46,908 160,215 133,844
Loss on impairments 3,172 4,413 3,172 9,757
Other expenses 436 458 1,500 1,284
Total expenses 87,883 78,860 257,359 226,231
Other income (expense)        
Interest and other income 165 12 400 30
Interest expense (15,928) (14,053) (46,125) (39,080)
Loss on extinguishment of debt 0 0 (834) 0
Gain on involuntary conversion 1,500 0 2,157 0
Gain on the sales of rental property, net 9,060 1,670 56,864 3,261
Total other income (expense) (5,203) (12,371) 12,462 (35,789)
Net income 24,209 11,190 108,563 32,749
Less: income attributable to noncontrolling interest after preferred stock dividends 466 290 2,471 912
Net income attributable to STAG Industrial, Inc. 23,743 10,900 106,092 31,837
Less: preferred stock dividends 1,289 1,289 3,867 3,867
Less: amount allocated to participating securities 68 78 204 236
Net income attributable to common stockholders $ 22,386 $ 9,533 $ 102,021 $ 27,734
Weighted average common shares outstanding — basic 148,997 127,272 148,412 122,460
Weighted average common shares outstanding — diluted 149,905 127,469 148,865 122,720
Net income per share — basic and diluted        
Net income per share attributable to common stockholders — basic $ 0.15 $ 0.07 $ 0.69 $ 0.23
Net income per share attributable to common stockholders — diluted $ 0.15 $ 0.07 $ 0.69 $ 0.23