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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Rental revenue $ 597,319 $ 591,048 $ 559,690
Observatory revenue 129,366 105,978 41,474
Lease termination fees 0 20,032 16,230
Third-party management and other fees 1,351 1,361 1,219
Other revenue and fees 11,536 8,622 5,481
Total revenues 739,572 727,041 624,094
Operating expenses:      
Property operating expenses 167,324 157,935 126,986
Ground rent expenses 9,326 9,326 9,326
General and administrative expenses 63,939 61,765 55,947
Observatory expenses 35,265 31,036 23,206
Real estate taxes 127,101 123,057 119,967
Impairment charges 0 0 7,723
Depreciation and amortization 189,911 216,894 201,806
Total operating expenses 592,866 600,013 544,961
Total operating income (loss) 146,706 127,028 79,133
Other income (expense):      
Interest income 15,136 4,948 704
Interest expense (101,484) (101,206) (94,394)
Gain on sale/disposition of properties 26,764 33,988 0
Loss on early extinguishment of debt 0 0 (214)
Income (loss) before income taxes 87,122 64,758 (14,771)
Income tax (expense) benefit (2,715) (1,546) 1,734
Net income (loss) 84,407 63,212 (13,037)
Private perpetual preferred unit distributions (4,201) (4,201) (4,201)
Net (income) loss attributable to non-controlling interests:      
Non-controlling interests in the Operating Partnership (31,094) (22,812) 6,527
Non-controlling interests in other partnerships (68) 243 0
Net income (loss) attributable to common stockholders $ 49,044 $ 36,442 $ (10,711)
Total weighted average shares:      
Basic (in shares) 161,122 165,039 172,445
Diluted (in shares) 265,633 269,948 277,420
Earnings (loss) per share attributable to common stockholders:      
Basic (in USD per share) $ 0.30 $ 0.22 $ (0.06)
Diluted (in USD per share) $ 0.30 $ 0.22 $ (0.06)