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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental revenues $ 108,315 $ 55,854 $ 282,667 $ 108,900
Total revenues 108,315 55,854 282,667 108,900
Operating expenses:        
Rental expenses 26,065 13,218 68,793 26,043
Real estate-related depreciation and amortization 73,580 36,945 192,604 67,186
General and administrative expenses 3,276 2,126 10,035 6,496
Advisory fees 18,237 8,273 48,494 17,733
Performance participation allocation 14,034 29,910 136,480 45,932
Acquisition costs and reimbursements 2,180 1,214 5,073 3,339
Total operating expenses 137,372 91,686 461,479 166,729
Other (income) expenses:        
Equity in loss (income) from unconsolidated joint venture partnership(s) 68 (5,328) 33 (6,493)
Interest expense 45,905 9,001 101,450 17,296
(Gain) loss on derivative instruments (11,310) 2 (26,149) 2
Other income and expenses (1,356) (276) (2,202) (405)
Total other (income) expenses 33,307 3,399 73,132 10,400
Net loss (62,364) (39,231) (251,944) (68,229)
Net loss attributable to redeemable noncontrolling interests 901 228 3,942 453
Net income attributable to noncontrolling interests (9) (6) (28) (14)
Net loss attributable to common stockholders $ (61,472) $ (39,009) $ (248,030) $ (67,790)
Weighted-average shares outstanding - basic 307,422 223,706 289,380 183,693
Weighted-average shares outstanding - diluted 311,954 225,017 293,912 185,004
Net loss per common share - basic $ (0.20) $ (0.17) $ (0.86) $ (0.37)
Net loss per common share - diluted $ (0.20) $ (0.17) $ (0.86) $ (0.37)