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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 income $ 289,574 $ 274,102 $ 577,351 $ 537,944
Interest income from mortgaged real estate 36,939 0 64,128 0
Total income from real estate 326,513 274,102 641,479 537,944
Gaming, food, beverage and other 0 43,659 0 81,360
Total revenues 326,513 317,761 641,479 619,304
Operating expenses        
Gaming, food, beverage and other 0 22,382 0 42,308
Land rights and ground lease expense 11,720 8,191 25,424 14,924
General and administrative 12,212 16,821 27,944 32,903
Losses (gains) from dispositions of property 0 93 (51) 93
Impairment charge on land 3,298 0 3,298 0
Depreciation 59,964 58,150 119,093 116,851
Loan impairment charges 2,222 0 28,878 0
Losses on debt extinguishment (2,189) 0 (2,189) 0
Total operating expenses 89,416 105,637 204,586 207,079
Income from operations 237,097 212,124 436,893 412,225
Other income (expenses)        
Interest expense (78,257) (70,413) (156,179) (140,826)
Interest income 102 54 124 178
Total other expenses (80,344) (70,359) (158,244) (140,648)
Income before income taxes 156,753 141,765 278,649 271,577
Income tax expense 966 3,549 1,170 6,177
Net income 155,787   277,479  
Net income attributable to noncontrolling interest in the Operating Partnership (4,473) 0 (6,897) 0
Net income $ 151,314 $ 138,216 $ 270,582 $ 265,400
Earnings per common share (in dollars per share)        
Basic earnings per common share (in dollars per share) $ 0.61 $ 0.59 $ 1.09 $ 1.14
Diluted earnings per common share (in dollars per share) $ 0.61 $ 0.59 $ 1.09 $ 1.14