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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Rental revenue $ 151,458 $ 148,290 $ 446,152 $ 445,143
Observatory revenue 37,562 33,051 93,149 73,660
Lease termination fees 0 0 0 20,032
Third-party management and other fees 268 389 1,076 1,025
Other revenue and fees 2,238 1,982 6,313 5,908
Total revenues 191,526 183,712 546,690 545,768
Operating expenses:        
Property operating expenses 42,817 42,798 124,380 118,875
Ground rent expenses 2,331 2,331 6,994 6,994
General and administrative expenses 16,012 15,725 47,795 45,287
Observatory expenses 9,471 8,516 25,983 22,507
Real estate taxes 32,014 31,831 95,292 91,637
Depreciation and amortization 46,624 46,984 140,312 172,394
Total operating expenses 149,269 148,185 440,756 457,694
Total operating income (loss) 42,257 35,527 105,934 88,074
Other income (expense):        
Interest income 4,462 1,564 10,396 2,144
Interest expense (25,382) (25,516) (76,091) (75,572)
Gain on disposition of property 0 0 29,261 27,170
Income (loss) before income taxes 21,337 11,575 69,500 41,816
Income tax benefit (expense) (1,409) (1,457) (923) (224)
Net income 19,928 10,118 68,577 41,592
Net (income) loss attributable to non-controlling interests:        
Non-controlling interests in the Operating Partnership (7,207) (3,560) (25,424) (14,865)
Non-controlling interests in other partnerships (111) 49 (69) 271
Private perpetual preferred unit distributions (1,050) (1,050) (3,151) (3,151)
Net income attributable to common stockholders $ 11,560 $ 5,557 $ 39,933 $ 23,847
Total weighted average shares:        
Basic (in shares) 161,851 162,165 160,799 166,354
Diluted (in shares) 266,073 267,121 265,269 270,966
Earnings per share attributable to common stockholders:        
Basic (in USD per share) $ 0.07 $ 0.03 $ 0.25 $ 0.14
Diluted (in USD per share) 0.07 0.03 0.25 0.14
Dividends per share (in USD per share) $ 0.035 $ 0.035 $ 0.105 $ 0.105