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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Revenues $ 177,932 $ 96,915 $ 315,771 $ 174,064
Expenses        
Operating expenses 84,004 31,183 192,920 56,180
General and administrative 5,004 3,655 10,695 7,907
Acquisition and transaction expenses 9,626 4,399 15,650 6,042
Management fees and incentive allocation to affiliate 3,062 4,113 7,226 8,103
Depreciation and amortization 56,622 47,371 114,923 91,906
Asset impairment 886 89 123,676 2,189
Interest expense 54,373 37,504 104,971 70,494
Total expenses 213,577 128,314 570,061 242,821
Other income (expense)        
Equity in losses of unconsolidated entities (13,823) (7,152) (37,836) (5,778)
Gain on sale of assets, net 63,645 3,987 79,933 4,798
Interest income 590 454 1,246 739
Other expense (1,596) (884) (2,055) (703)
Total other income (expense) 48,816 (6,849) 41,288 (4,198)
Income (loss) before income taxes 13,171 (38,248) (213,002) (72,955)
Provision for (benefit from) income taxes 3,411 (1,640) 6,897 (1,471)
Net income (loss) 9,760 (36,608) (219,899) (71,484)
Less: Net loss attributable to non-controlling interests in consolidated subsidiaries (8,480) (6,625) (15,946) (11,586)
Less: Dividends on preferred shares 6,791 6,551 13,582 11,176
Net income (loss) attributable to shareholders $ 11,449 $ (36,534) $ (217,535) $ (71,074)
Income (loss) per share:        
Basic (in dollars per share) $ 0.12 $ (0.42) $ (2.19) $ (0.83)
Diluted (in dollars per share) $ 0.11 $ (0.42) $ (2.19) $ (0.83)
Weighted average shares outstanding:        
Basic (in shares) 99,370,301 86,030,652 99,367,597 86,029,305
Diluted (in shares) 99,805,455 86,030,652 99,367,597 86,029,305
Equipment leasing revenues        
Revenues        
Revenues $ 112,064 $ 81,571 $ 203,755 $ 138,178
Infrastructure revenues        
Revenues        
Revenues $ 65,868 $ 15,344 $ 112,016 $ 35,886