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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Total revenues $ 1,579,348 $ 642,905 $ 298,423
Expenses      
Operating expenses 650,594 248,651 113,184
General and administrative 44,708 25,404 8,624
Management fees 167,100 62,237 19,423
Performance participation allocation 102,348 204,225 15,061
Depreciation and amortization 848,943 330,455 155,864
Total expenses 1,813,693 870,972 312,156
Other income (expense)      
Income (loss) from unconsolidated real estate ventures 12,189 (615) (1,462)
Income from investments in real estate debt 99,787 45,156 7,206
Interest expense (428,853) (134,127) (80,808)
Loss on extinguishment of debt (313)    
Other income (expense), net 485,608 13,210 (9,403)
Total other income (expense) 168,418 (76,376) (84,467)
Net income (loss) (65,927) (304,443) (98,200)
Net (income) loss attributable to non-controlling interests in consolidated joint ventures (1,927) 434 1,300
Net loss attributable to non-controlling interests in Operating Partnership 2,146 1,758 642
Net (income) loss attributable to stockholders $ (65,708) $ (302,251) $ (96,258)
Net loss per share of common stock, basic $ (0.14) $ (1.49) $ (1.35)
Net loss per share of common stock, diluted $ (0.14) $ (1.49) $ (1.35)
Weighted-average shares of common stock outstanding, basic 469,864,983 203,300,648 71,502,374
Weighted-average shares of common stock outstanding, diluted 469,864,983 203,300,648 71,502,374
Comprehensive loss:      
Net loss $ (65,927) $ (304,443) $ (98,200)
Other comprehensive loss item:      
Foreign currency translation adjustments (23,777) (530)  
Other comprehensive loss (23,777) (530)  
Comprehensive loss (89,704) (304,973) (98,200)
Rental revenue      
Revenues      
Total revenues 1,520,655 604,574 273,847
Other revenue      
Revenues      
Total revenues $ 58,693 $ 38,331 $ 24,576