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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Rental revenues $ 112,643 $ 92,794 $ 224,219 $ 174,352
Debt-related income 1,146   2,214  
Total revenues 113,789 92,794 226,433 174,352
Operating expenses:        
Rental expenses 27,566 22,040 54,744 42,728
Real estate-related depreciation and amortization 72,009 63,279 144,340 119,024
General and administrative expenses 3,943 3,645 8,070 6,759
Advisory fees 18,965 16,641 38,219 30,257
Performance participation allocation   39,146   122,446
Acquisition costs and reimbursements 412 1,689 8,731 2,893
Total operating expenses 122,895 146,440 254,104 324,107
Other (income) expenses:        
Equity in loss (income) from unconsolidated joint venture partnership(s) 63 76 139 (35)
Interest expense 49,971 33,078 98,435 55,545
Gain on derivative instruments (7,236) (3,937) (5,652) (14,839)
Other income and expenses (2,311) (572) (4,525) (846)
Total other (income) expenses 40,487 28,645 88,397 39,825
Net loss (49,593) (82,291) (116,068) (189,580)
Net loss attributable to redeemable noncontrolling interests 1,346 1,273 3,018 3,041
Net income attributable to noncontrolling interests (10) (10) (19) (19)
Net loss attributable to common stockholders $ (48,257) $ (81,028) $ (113,069) $ (186,558)
Weighted-average shares outstanding - basic 309,616 289,797 311,543 280,185
Weighted-average shares outstanding - diluted 318,254 294,329 319,909 284,717
Net loss per common share - basic $ (0.16) $ (0.28) $ (0.36) $ (0.67)
Net loss per common share - diluted $ (0.16) $ (0.28) $ (0.36) $ (0.67)