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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE    
Rental (including reimbursable) $ 925,289 $ 799,565
Other 19,110 7,778
Total revenue 944,399 807,343
EXPENSES    
Depreciation and amortization 451,477 403,762
Interest 154,132 106,403
Property (including reimbursable) 69,397 52,342
General and administrative 34,167 32,699
Provisions for impairment 13,178 7,038
Merger and integration-related costs 1,307 6,519
Total expenses 723,658 608,763
Gain on sales of real estate 4,279 10,156
Foreign currency and derivative gain (loss), net 10,322 (590)
Equity in income of unconsolidated entities 0 954
Other income, net 2,730 1,852
Income before income taxes 238,072 210,952
Income taxes (11,950) (10,981)
Net income 226,122 199,971
Net income attributable to noncontrolling interests (1,106) (602)
Net income available to common stockholders $ 225,016 $ 199,369
Amounts available to common stockholders per common share:    
Net income, basic (in dollars per share) $ 0.34 $ 0.34
Net income, diluted (in dollars per share) $ 0.34 $ 0.34
Weighted average common shares outstanding:    
Basic (in shares) 660,462,399 593,827,299
Diluted (in shares) 661,238,844 594,041,839
Other comprehensive income:    
Net income available to common stockholders $ 225,016 $ 199,369
Foreign currency translation adjustment 28,750 (10,706)
Unrealized (loss) gain on derivatives, net (2,162) 43,690
Other comprehensive income (loss) 26,588 32,984
Comprehensive income available to common stockholders $ 251,604 $ 232,353