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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 2,885,699 $ 2,588,962 $ 2,114,150
Expenses:      
Rental operations 859,180 783,153 623,555
General and administrative 199,354 177,278 151,461
Interest 74,204 94,203 142,165
Depreciation and amortization 1,093,473 1,002,146 821,061
Impairment of real estate 461,114 64,969 52,675
Loss on early extinguishment of debt 0 3,317 67,253
Total expenses 2,687,325 2,125,066 1,858,170
Equity in earnings of unconsolidated real estate joint ventures 980 645 12,255
Investment (loss) income (195,397) (331,758) 259,477
Gain on sales of real estate 277,037 537,918 126,570
Net income 280,994 670,701 654,282
Net income attributable to noncontrolling interests (177,355) (149,041) (83,035)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders 103,639 521,660 571,247
Net income attributable to unvested restricted stock awards (11,195) (8,392) (7,848)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ 92,444 $ 513,268 $ 563,399
Earnings per share - basic (USD per share) $ 0.54 $ 3.18 $ 3.83
Earnings per share - diluted (USD per share) $ 0.54 $ 3.18 $ 3.82
Income from rentals      
Total revenues $ 2,842,456 $ 2,576,040 $ 2,108,249
Other income      
Total revenues $ 43,243 $ 12,922 $ 5,901