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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUE        
Rental (including reimbursable) $ 486,337 $ 401,869 $ 1,385,958 $ 1,224,227
Other 5,538 2,703 13,003 9,322
Total revenue 491,875 404,572 1,398,961 1,233,549
EXPENSES        
Depreciation and amortization 198,832 169,084 564,606 501,997
Interest 76,156 76,806 222,905 230,572
Property (including reimbursable) 29,662 25,410 89,895 77,468
General and administrative 23,813 16,514 66,458 56,541
Provisions for impairment 11,011 105,095 30,977 123,442
Merger-related costs 16,783 0 30,081 0
Total expenses 356,257 392,909 1,004,922 990,020
Gain on sales of real estate 12,094 13,736 35,396 53,565
Foreign currency and derivative gains (losses), net (2,374) 2,336 (1,170) 1,274
Loss on extinguishment of debt (3,983) 0 (50,456) (9,819)
Income before income taxes 141,355 27,735 377,809 288,549
Income taxes (6,079) (4,592) (21,529) (10,193)
Net income 135,276 23,143 356,280 278,356
Net income attributable to noncontrolling interests (280) (239) (865) (801)
Net income available to common stockholders $ 134,996 $ 22,904 $ 355,415 $ 277,555
Amounts available to common stockholders per common share:        
Net income, basic (in dollars per share) $ 0.34 $ 0.07 $ 0.94 $ 0.81
Net income, diluted (in dollars per share) $ 0.34 $ 0.07 $ 0.94 $ 0.81
Weighted average common shares outstanding:        
Basic (in shares) 391,913,478 346,476,217 379,291,782 342,214,164
Diluted (in shares) 392,050,401 346,749,474 379,409,427 342,483,218
Other comprehensive income:        
Net income available to common stockholders $ 134,996 $ 22,904 $ 355,415 $ 277,555
Foreign currency translation adjustment 1,438 (964) 1,130 (550)
Unrealized gain (loss) on derivatives, net 16,852 1,602 52,428 (34,794)
Comprehensive income available to common stockholders $ 153,286 $ 23,542 $ 408,973 $ 242,211