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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues [Abstract]        
Rental income $ 209,995 $ 190,286 $ 622,795 $ 564,155
Other income 1,126 453 1,493 3,904
Total revenue 211,121 190,739 624,288 568,059
Expenses        
Property 42,168 38,015 126,249 114,564
General and administrative 12,173 11,978 38,380 36,758
Depreciation and amortization 75,963 72,506 224,336 219,213
Loss on impairment 0 0 888 4,967
Other expenses 563 545 1,077 1,703
Total expenses 130,867 123,044 390,930 377,205
Other income (expense)        
Interest and other income 372 14 380 39
Interest expense (31,670) (28,705) (97,817) (81,498)
Debt extinguishment and modification expenses (1,503) (36) (1,503) (703)
Gain on involuntary conversion 0 3,568 1,855 9,285
Gain on the sales of rental property, net 2,196 195 57,801 23,281
Total other income (expense) (30,605) (24,964) (39,284) (49,596)
Net income 49,649 42,731 194,074 141,258
Less: income attributable to noncontrolling interest in operating partnership 1,013 875 4,035 2,992
Net income attributable to STAG Industrial, Inc. 48,636 41,856 190,039 138,266
Less: amount allocated to participating securities 42 45 128 138
Net income attributable to common stockholders $ 48,594 $ 41,811 $ 189,911 $ 138,128
Weighted average common shares outstanding — basic 186,593 182,027 186,533 181,899
Weighted average common shares outstanding — diluted 186,840 182,297 186,837 182,173
Net income per share attributable to common stockholders — basic $ 0.26 $ 0.23 $ 1.02 $ 0.76
Net income per share attributable to common stockholders — diluted $ 0.26 $ 0.23 $ 1.02 $ 0.76