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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUE        
Rental (including reimbursable) $ 460,256 $ 410,201 $ 899,621 $ 822,358
Other 4,026 4,435 7,465 6,619
Total revenue 464,282 414,636 907,086 828,977
EXPENSES        
Depreciation and amortization 187,789 168,328 365,774 332,913
Interest 73,674 77,841 146,749 153,766
Property (including reimbursable) 31,734 26,452 60,233 52,058
General and administrative 21,849 19,063 42,645 40,027
Provisions for impairment 17,246 13,869 19,966 18,347
Merger-related costs 13,298 0 13,298 0
Total expenses 345,590 305,553 648,665 597,111
Gain on sales of real estate 14,901 1,323 23,302 39,829
Foreign currency and derivative gains (losses), net 400 502 1,204 (1,062)
Loss on extinguishment of debt 0 0 (46,473) (9,819)
Income before income taxes 133,993 110,908 236,454 260,814
Income taxes (9,225) (2,838) (15,450) (5,601)
Net income 124,768 108,070 221,004 255,213
Net income attributable to noncontrolling interests (289) (246) (585) (562)
Net income available to common stockholders $ 124,479 $ 107,824 $ 220,419 $ 254,651
Amounts available to common stockholders per common share:        
Net income, basic (in dollars per share) $ 0.33 $ 0.31 $ 0.59 $ 0.75
Net income, diluted (in dollars per share) $ 0.33 $ 0.31 $ 0.59 $ 0.75
Weighted average common shares outstanding:        
Basic (in shares) 374,236,424 343,515,406 372,879,165 340,061,487
Diluted (in shares) 374,341,023 343,685,259 372,971,744 340,281,265
Other comprehensive income:        
Net income available to common stockholders $ 124,479 $ 107,824 $ 220,419 $ 254,651
Foreign currency translation adjustment (49) 22 (308) 414
Unrealized gain (loss) on derivatives, net (10,833) (10,534) 35,576 (36,396)
Comprehensive income available to common stockholders $ 113,597 $ 97,312 $ 255,687 $ 218,669