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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Total revenues $ 578,774 $ 342,112 $ 185,052
Expenses      
Operating expenses 288,036 136,570 62,419
General and administrative 20,441 17,126 14,570
Acquisition and transaction expenses 17,623 6,968 7,306
Management fees and incentive allocation to affiliate 36,059 15,726 15,732
Depreciation and amortization 169,023 133,908 86,073
Interest expense 95,585 56,845 37,798
Total expenses 626,767 367,143 223,898
Other income (expense)      
Equity in losses of unconsolidated entities (2,375) (1,008) (1,601)
Gain on sale of assets, net 203,250 3,911 18,593
Loss on extinguishment of debt 0 0 (2,456)
Asset impairment (4,726) 0 0
Interest income 531 488 688
Other income 3,445 3,983 3,073
Total other income 200,125 7,374 18,297
Income (loss) from continuing operations before income taxes 152,132 (17,657) (20,549)
Provision for income taxes 17,810 2,449 1,954
Net income (loss) from continuing operations 134,322 (20,106) (22,503)
Net income (loss) from discontinued operations, net of income taxes 73,462 4,402 (737)
Net income (loss) 207,784 (15,704) (23,240)
Less: Net income (loss) attributable to non-controlling interests in consolidated subsidiaries:      
Continuing operations (17,571) (21,925) (23,304)
Discontinued operations 247 339 (70)
Dividends on preferred shares 1,838 0 0
Net income attributable to shareholders $ 223,270 $ 5,882 $ 134
Basic      
Continuing operations (usd per share) $ 1.74 $ 0.02 $ 0.01
Discontinued operations (usd per share) 0.85 0.05 (0.01)
Diluted      
Continuing operations (usd per share) 1.74 0.02 0.01
Discontinued operations (usd per share) $ 0.85 $ 0.05 $ (0.01)
Weighted Average Shares Outstanding:      
Basic (in shares) 85,992,019 83,654,068 75,766,811
Diluted (in shares) 86,029,363 83,664,833 75,766,811
Equipment leasing revenues      
Revenues      
Total revenues $ 349,322 $ 253,039 $ 170,000
Infrastructure      
Revenues      
Total revenues $ 229,452 $ 89,073 $ 15,052