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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Revenue from contract with customer $ 4,753,804 $ 4,173,711 $ 3,197,223
Rental income 1,556,073 1,451,786 1,374,695
Interest income 168,354 150,571 137,563
Other income 159,764 84,547 32,634
Total revenues 6,637,995 5,860,615 4,742,115
Expenses:      
Property operating expenses 3,947,776 3,558,770 2,774,562
Depreciation and amortization 1,401,101 1,310,368 1,037,566
Interest expense 607,846 529,519 489,853
General and administrative expenses 179,091 150,390 126,727
Loss (gain) on derivatives and financial instruments, net (2,120) 8,334 (7,333)
Loss (gain) on extinguishment of debt, net 7 680 49,874
Provision for loan losses, net 9,809 10,320 7,270
Impairment of assets 36,097 17,502 51,107
Other expenses 108,341 101,670 41,739
Total expenses 6,287,948 5,687,553 4,571,365
Income (loss) from continuing operations before income taxes and other items 350,047 173,062 170,750
Income tax (expense) benefit (6,364) (7,247) (8,713)
Income (loss) from unconsolidated entities (53,442) (21,290) (22,933)
Gain (loss) on real estate dispositions, net 67,898 16,043 235,375
Income (loss) from continuing operations 358,139 160,568 374,479
Net income 358,139 160,568 374,479
Less: Net income (loss) attributable to noncontrolling interests [1] 18,045 19,354 38,341
Net income (loss) attributable to common stockholders $ 340,094 $ 141,214 $ 336,138
Weighted average number of common shares outstanding:      
Basic (in shares) 515,629 462,185 424,976
Diluted (in shares) 518,701 465,158 426,841
Basic:      
Income (loss) from continuing operations (in USD per share) $ 0.69 $ 0.35 $ 0.88
Net income (loss) attributable to common stockholders (in USD per share) 0.66 0.31 0.79
Diluted:      
Income (loss) from continuing operations (in USD per share) 0.69 0.35 0.88
Net income (loss) attributable to common stockholders (in USD per share) [2] $ 0.66 $ 0.30 $ 0.78
Other comprehensive income (loss):      
Foreign currency translation gain (loss) $ 223,920 $ (466,910) $ (52,826)
Derivative and financial instruments designated as hedges gain (loss) (245,095) 442,620 79,702
Total other comprehensive income (loss) (21,175) (24,290) 26,876
Total comprehensive income (loss) 336,964 136,278 401,355
Less: Total comprehensive income (loss) attributable to noncontrolling interests [3] 27,637 (6,545) 38,029
Total comprehensive income (loss) attributable to common stockholders $ 309,327 $ 142,823 $ 363,326
[1] Includes amounts attributable to redeemable noncontrolling interests
[2] Includes adjustment to the numerator for income (loss) attributable to OP Units and DownREIT Units
[3] Includes amounts attributable to redeemable noncontrolling interests.