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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental revenue $ 149,339 $ 140,797 $ 296,853 $ 281,028
Observatory revenue 27,368 8,359 40,609 10,962
Lease termination fees 18,859 3,339 20,032 4,628
Third-party management and other fees 326 327 636 603
Other revenue and fees 2,130 586 3,926 1,491
Total revenues 198,022 153,408 362,056 298,712
Operating expenses:        
Property operating expenses 37,433 28,793 76,077 59,072
Ground rent expenses 2,332 2,332 4,663 4,663
General and administrative expenses 15,876 14,089 29,562 27,942
Observatory expenses 7,776 5,268 13,991 9,856
Real estate taxes 29,802 31,354 59,806 62,801
Depreciation and amortization 58,304 45,088 125,410 89,545
Total operating expenses 151,523 126,924 309,509 253,879
Total operating income (loss) 46,499 26,484 52,547 44,833
Other income (expense):        
Interest income 431 164 580 286
Interest expense (25,042) (23,422) (50,056) (46,976)
Loss on early extinguishment of debt 0 0 0 (214)
Gain on disposition of property 27,170 0 27,170 0
Income before income taxes 49,058 3,226 30,241 (2,071)
Income tax (expense) benefit (363) 1,185 1,233 3,291
Net income 48,695 4,411 31,474 1,220
Net (income) loss attributable to non-controlling interests:        
Non-controlling interests in the Operating Partnership (18,224) (1,285) (11,305) 335
Non-controlling interests in other partnerships 159 0 222 0
Private perpetual preferred unit distributions (1,051) (1,051) (2,101) (2,101)
Net income (loss) attributable to common stockholders $ 29,579 $ 2,075 $ 18,290 $ (546)
Total weighted average shares:        
Basic (in shares) 167,118 171,615 168,099 172,183
Diluted (in shares) 270,085 278,436 271,837 277,887
Earnings per share attributable to common stockholders:        
Basic (in USD per share) $ 0.18 $ 0.01 $ 0.11 $ (0.00)
Diluted (in USD per share) 0.18 0.01 0.11 (0.00)
Dividends per share (in USD per share) $ 0.035 $ 0.035 $ 0.070 $ 0.035