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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Total revenues $ 433,048 $ 430,766 $ 1,331,136 $ 1,140,619
Expenses        
Property operating 189,122 178,687 571,394 464,105
General and administrative 10,102 11,549 32,538 32,974
Management fees 37,347 45,697 118,970 122,081
Performance participation allocation 0 36,306 0 175,776
Impairment of investments in real estate 3,667 0 188,804 0
Depreciation and amortization 203,561 219,005 612,924 649,347
Total expenses 443,799 491,244 1,524,630 1,444,283
Other (expense) income        
(Loss) income from unconsolidated real estate ventures (241) 11,054 (786) 11,774
Income from investments in real estate debt 42,318 63,290 115,841 99,634
Net gain on dispositions of real estate 67,374   188,632  
Interest expense (145,273) (120,621) (437,898) (306,743)
Other (expense) income, net (10,104) 241,102 (86,455) 555,352
Total other (expense) income (45,926) 194,825 (220,666) 360,017
Net (loss) income (56,677) 134,347 (414,160) 56,353
Net income attributable to non-controlling interests in consolidated joint ventures (1,127) (1,390) (1,207) (2,745)
Net loss (income) attributable to non-controlling interests in Operating Partnership 2,737 (4,282) 17,504 (1,436)
Net (loss) income attributable to stockholders $ (55,067) $ 128,675 $ (397,863) $ 52,172
Net (loss) income per share of common stock, basic $ (0.12) $ 0.26 $ (0.83) $ 0.11
Net (loss) income per share of common stock, diluted $ (0.12) $ 0.26 $ (0.83) $ 0.11
Weighted-average shares of common stock outstanding, basic 457,830,322 503,499,778 477,018,323 456,587,962
Weighted-average shares of common stock outstanding, diluted 457,830,322 503,499,778 477,018,323 456,587,962
Comprehensive (loss) income:        
Net (loss) income $ (56,677) $ 134,347 $ (414,160) $ 56,353
Other comprehensive loss item:        
Foreign currency translation adjustments (19,629) (46,202) (12,680) (79,440)
Other comprehensive loss (19,629) (46,202) (12,680) (79,440)
Comprehensive (loss) income (76,306) 88,145 (426,840) (23,087)
Rental revenue        
Revenues        
Total revenues 418,298 416,322 1,285,570 1,096,427
Other revenue        
Revenues        
Total revenues $ 14,750 $ 14,444 $ 45,566 $ 44,192