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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUE      
Rental (including reimbursable) $ 2,064,958 $ 1,639,533 $ 1,484,818
Other 15,505 7,554 3,345
Total revenue 2,080,463 1,647,087 1,488,163
EXPENSES      
Depreciation and amortization 897,835 677,038 593,961
Interest 323,644 309,336 290,991
Property (including reimbursable) 133,605 104,603 88,585
General and administrative 96,980 73,215 66,483
Provisions for impairment 38,967 147,232 40,186
Merger and integration-related costs 167,413 0 0
Total expenses 1,658,444 1,311,424 1,080,206
Gain on sales of real estate 55,798 76,232 29,996
Foreign currency and derivative gains, net 710 4,585 2,255
Loss on extinguishment of debt (97,178) (9,819) 0
Equity in income of unconsolidated entities 1,106 0 0
Other income, net 9,949 4,538 3,428
Income before income taxes 392,404 411,199 443,636
Income taxes (31,657) (14,693) (6,158)
Net income 360,747 396,506 437,478
Net income attributable to noncontrolling interests (1,291) (1,020) (996)
Net income available to common stockholders $ 359,456 $ 395,486 $ 436,482
Amounts available to common stockholders per common share:      
Net income per common share, basic (in dollars per share) $ 0.87 $ 1.15 $ 1.38
Net income per common share, diluted (in dollars per share) $ 0.87 $ 1.14 $ 1.38
Weighted average common shares outstanding:      
Basic (in shares) 414,535,283 345,280,126 315,837,012
Diluted (in shares) 414,769,846 345,415,258 316,159,277
Other comprehensive income:      
Net income available to common stockholders $ 359,456 $ 395,486 $ 436,482
Foreign currency translation adjustment 9,119 (2,606) 186
Unrealized gain (loss) on derivatives, net 50,448 (34,926) (9,190)
Comprehensive income available to common stockholders $ 419,023 $ 357,954 $ 427,478