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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE      
Property rentals   $ 513,447 $ 451,541
Property rentals $ 493,273    
Third-party real estate services, including reimbursements 120,886 98,699 63,236
Other revenue 33,611 32,036 28,236
Total revenue 647,770 644,182 543,013
EXPENSES      
Depreciation and amortization 191,580 211,436 161,659
Direct Costs of Leased and Rented Property or Equipment 137,622 148,081 118,836
Real estate taxes 70,493 71,054 66,434
General and administrative:      
Corporate and other 46,822 33,728 39,350
Third-party real estate services 113,495 89,826 51,919
Share-based compensation related to Formation Transaction and special equity awards 42,162 36,030 29,251
Transaction and other costs 23,235 27,706 127,739
Total expenses 625,409 617,861 595,188
Income (loss) from unconsolidated real estate ventures, net (1,395) 39,409 (4,143)
Interest and other income, net 5,385 15,168 1,788
Interest expense (52,695) (74,447) (58,141)
Gain on sale of real estate 104,991 52,183 0
Loss on extinguishment of debt (5,805) (5,153) (701)
Gain (reduction of gain) on bargain purchase 0 (7,606) 24,376
Total other income (expense) 50,481 19,554 (36,821)
INCOME (LOSS) BEFORE INCOME TAX BENEFIT 72,842 45,875 (88,996)
Income tax benefit 1,302 738 9,912
NET INCOME (LOSS) 74,144 46,613 (79,084)
Net (income) loss attributable to redeemable noncontrolling interests (8,573) (6,710) 7,328
Net loss attributable to noncontrolling interests 0 21 3
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 65,571 $ 39,924 $ (71,753)
EARNINGS (LOSS) PER COMMON SHARE:      
Earnings Per Share, Basic $ 0.48 $ 0.31 $ (0.70)
Earnings Per Share, Diluted $ 0.48 $ 0.31 $ (0.70)
Weighted average number of common shares outstanding — basic and diluted 130,687 119,176 105,359
Weighted Average Number of Shares Outstanding, Diluted 130,687 119,176 105,359