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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental revenues $ 209,994 $ 180,164 $ 412,055 $ 349,492
Interest income on loans and financing receivables 13,039 11,660 27,969 24,223
Other income 739 222 5,864 592
Total revenues 223,772 192,046 445,888 374,307
Expenses:        
Interest 45,908 41,709 89,907 83,537
Property costs 2,314 5,168 6,555 9,831
General and administrative 15,938 16,089 32,954 41,095
Depreciation and amortization 76,017 65,035 148,656 128,602
Provisions for impairment 5,300 6,600 6,212 13,950
Total expenses 145,477 134,601 284,284 277,015
Other income:        
Net gain on dispositions of real estate 13,656 5,880 19,732 21,550
Loss from non-real estate, equity method investment (1,175) (705) (3,332) (1,068)
Income before income taxes 90,776 62,620 178,004 117,774
Income tax expense 271 189 477 383
Net income $ 90,505 $ 62,431 $ 177,527 $ 117,391
Net income per share of common stock-basic $ 0.32 $ 0.23 $ 0.64 $ 0.44
Net income per share of common stock-diluted $ 0.32 $ 0.23 $ 0.64 $ 0.44
Weighted average common shares outstanding:        
Basic (in shares) 280,839,392 270,293,555 277,937,454 268,340,974
Diluted (in shares) 280,839,392 270,293,555 277,937,454 268,340,974