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Condensed Consolidated Statements of Operations - 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:        
Rental revenue $ 148,290 $ 139,558 $ 445,143 $ 420,586
Observatory revenue 33,051 12,796 73,660 23,758
Lease termination fees 0 11,321 20,032 15,949
Third-party management and other fees 389 314 1,025 917
Other revenue and fees 1,982 1,059 5,908 2,550
Total revenues 183,712 165,048 545,768 463,760
Operating expenses:        
Property operating expenses 42,798 33,357 118,875 92,429
Ground rent expenses 2,331 2,331 6,994 6,994
General and administrative expenses 15,725 14,427 45,287 42,369
Observatory expenses 8,516 6,370 22,507 16,226
Real estate taxes 31,831 29,566 91,637 92,367
Depreciation and amortization 46,984 65,794 172,394 155,339
Total operating expenses 148,185 151,845 457,694 405,724
Total operating income (loss) 35,527 13,203 88,074 58,036
Other income (expense):        
Interest income 1,564 211 2,144 497
Interest expense (25,516) (23,577) (75,572) (70,553)
Loss on early extinguishment of debt 0 0 0 (214)
Gain on disposition of property 0 0 27,170 0
Income (loss) before income taxes 11,575 (10,163) 41,816 (12,234)
Income tax (expense) benefit (1,457) (20) (224) 3,271
Net income (loss) 10,118 (10,183) 41,592 (8,963)
Net (income) loss attributable to non-controlling interests:        
Non-controlling interests in the Operating Partnership 49 4,256 (14,865) 4,591
Non-controlling interests in other partnerships (3,560) 0 271 0
Private perpetual preferred unit distributions (1,050) (1,050) (3,151) (3,151)
Net income (loss) attributable to common stockholders $ 5,557 $ (6,977) $ 23,847 $ (7,523)
Total weighted average shares:        
Basic (in shares) 162,165 172,494 166,354 172,487
Diluted (in shares) 267,121 277,716 270,966 277,829
Earnings per share attributable to common stockholders:        
Basic (in USD per share) $ 0.03 $ (0.04) $ 0.14 $ (0.04)
Diluted (in USD per share) 0.03 (0.04) 0.14 (0.04)
Dividends per share (in USD per share) $ 0.035 $ 0.035 $ 0.105 $ 0.070