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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Total revenues $ 430,766 $ 162,435 $ 1,140,619 $ 393,760
Expenses        
Property operating 178,687 64,767 464,105 154,923
General and administrative 11,549 6,588 32,974 15,210
Management fees 45,697 17,653 122,081 36,364
Performance participation allocation 36,306 79,552 175,776 111,934
Depreciation and amortization 219,005 82,453 649,347 197,934
Total expenses 491,244 251,013 1,444,283 516,365
Other income (expense)        
Income (loss) from unconsolidated real estate ventures 11,054 (447) 11,774 (448)
Income from investments in real estate debt 63,290 19,268 99,634 37,898
Interest expense (120,621) (41,614) (306,743) (96,209)
Other income (expense), net 241,102 1,278 555,352 6,688
Total other income (expense) 194,825 (21,515) 360,017 (52,071)
Net income (loss) 134,347 (110,093) 56,353 (174,676)
Net (income) loss attributable to non-controlling interests in consolidated joint ventures (1,390) 176 (2,745) 319
Net (income) loss attributable to non-controlling interests in Operating Partnership (4,282) 665 (1,436) 1,235
Net income (loss) attributable to stockholders $ 128,675 $ (109,252) $ 52,172 $ (173,122)
Net loss per share of common stock, basic $ 0.26 $ (0.47) $ 0.11 $ (1.04)
Net loss per share of common stock, diluted $ 0.26 $ (0.47) $ 0.11 $ (1.04)
Weighted-average shares of common stock outstanding, basic 503,499,778 231,623,633 456,587,962 166,052,567
Weighted-average shares of common stock outstanding, diluted 503,499,778 231,623,633 456,587,962 166,052,567
Comprehensive income (loss):        
Net income (loss) $ 134,347 $ (110,093) $ 56,353 $ (174,676)
Other comprehensive loss item:        
Foreign currency translation adjustments (46,202)   (79,440)  
Other comprehensive loss (46,202)   (79,440)  
Comprehensive income (loss) 88,145 (110,093) (23,087) (174,676)
Rental revenue        
Revenues        
Total revenues 416,322 152,207 1,096,427 366,550
Other revenue        
Revenues        
Total revenues $ 14,444 $ 10,228 $ 44,192 $ 27,210