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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE        
Rental (including reimbursable) $ 995,289 $ 800,800 $ 1,920,578 $ 1,600,365
Other 23,916 9,619 43,026 17,397
Total revenue 1,019,205 810,419 1,963,604 1,617,762
EXPENSES        
Depreciation and amortization 472,278 409,437 923,755 813,199
Interest 183,857 110,121 337,989 216,524
Property (including reimbursable) 94,703 52,180 164,100 104,522
General and administrative 36,829 34,139 70,996 66,838
Provisions for impairment 29,815 7,691 42,993 14,729
Merger and integration-related costs 341 2,729 1,648 9,248
Total expenses 817,823 616,297 1,541,481 1,225,060
Gain on sales of real estate 7,824 40,572 12,103 50,728
Foreign currency and derivative (loss) gain, net (2,552) 7,480 7,770 6,890
Gain on extinguishment of debt 0 127 0 127
Equity in income and impairment of investment in unconsolidated entities 411 (6,627) 411 (5,673)
Other income, net 3,020 2,806 5,750 4,658
Income before income taxes 210,085 238,480 448,157 449,432
Income taxes (12,932) (14,658) (24,882) (25,639)
Net income 197,153 223,822 423,275 423,793
Net income attributable to noncontrolling interests (1,738) (615) (2,844) (1,217)
Net income available to common stockholders $ 195,415 $ 223,207 $ 420,431 $ 422,576
Amounts available to common stockholders per common share:        
Net income available to common stockholders per common share, Basic (in dollars per share) $ 0.29 $ 0.37 $ 0.63 $ 0.71
Net income available to common stockholders per common share, Diluted (in dollars per share) $ 0.29 $ 0.37 $ 0.63 $ 0.71
Weighted average common shares outstanding:        
Basic (in shares) 674,109 601,672 667,357 597,778
Diluted (in shares) 674,593 602,031 668,108 598,141
Other comprehensive income:        
Net income available to common stockholders $ 195,415 $ 223,207 $ 420,431 $ 422,576
Foreign currency translation adjustment 29,046 (48,992) 57,796 (59,698)
Unrealized (loss) gain on derivatives, net (6,410) 33,454 (8,572) 77,144
Total other comprehensive income (loss) 22,636 (15,538) 49,224 17,446
Comprehensive income available to common stockholders $ 218,051 $ 207,669 $ 469,655 $ 440,022