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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE        
Rental (including reimbursable) $ 800,800 $ 460,256 $ 1,600,365 $ 899,621
Other 9,619 3,042 17,397 5,931
Total revenue 810,419 463,298 1,617,762 905,552
EXPENSES        
Depreciation and amortization 409,437 187,789 813,199 365,774
Interest 110,121 73,674 216,524 146,749
Property (including reimbursable) 52,180 31,734 104,522 60,233
General and administrative 34,139 21,849 66,838 42,645
Provisions for impairment 7,691 17,246 14,729 19,966
Merger and integration-related costs 2,729 13,298 9,248 13,298
Total expenses 616,297 345,590 1,225,060 648,665
Gain on sales of real estate 40,572 14,901 50,728 23,302
Foreign currency and derivative gain, net 7,480 400 6,890 1,204
Gain (loss) on extinguishment of debt 127 0 127 (46,473)
Equity in income and impairment of investment in unconsolidated entities (6,627) 0 (5,673) 0
Other income, net 2,806 984 4,658 1,534
Income before income taxes 238,480 133,993 449,432 236,454
Income taxes (14,658) (9,225) (25,639) (15,450)
Net income 223,822 124,768 423,793 221,004
Net income attributable to noncontrolling interests (615) (289) (1,217) (585)
Net income available to common stockholders $ 223,207 $ 124,479 $ 422,576 $ 220,419
Amounts available to common stockholders per common share:        
Net income, basic (in dollars per share) $ 0.37 $ 0.33 $ 0.71 $ 0.59
Net income, diluted (in dollars per share) $ 0.37 $ 0.33 $ 0.71 $ 0.59
Weighted average common shares outstanding:        
Basic (in shares) 601,672,201 374,236,424 597,778,173 372,879,165
Diluted (in shares) 602,030,666 374,341,023 598,140,702 372,971,744
Other comprehensive income:        
Net income available to common stockholders $ 223,207 $ 124,479 $ 422,576 $ 220,419
Foreign currency translation adjustment (48,992) (49) (59,698) (308)
Unrealized gain (loss) on derivatives, net 33,454 (10,833) 77,144 35,576
Comprehensive income available to common stockholders $ 207,669 $ 113,597 $ 440,022 $ 255,687