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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue $ 769,108 $ 700,795
Expenses:    
Rental operations 218,314 206,933
General and administrative 47,055 48,196
Interest 40,840 13,754
Depreciation and amortization 287,554 265,302
Total expenses 593,763 534,185
Equity in earnings of unconsolidated real estate joint ventures 155 194
Investment income (loss) 43,284 (45,111)
Gain on sales of real estate 392 0
Net income 219,176 121,693
Net income attributable to noncontrolling interests (48,631) (43,831)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders 170,545 77,862
Net income attributable to unvested restricted stock awards (3,659) (2,606)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ 166,886 $ 75,256
Earnings (loss) per share – basic (USD per share) $ 0.97 $ 0.44
Earnings (loss) per share - diluted (USD per share) $ 0.97 $ 0.44
Income from rentals    
Revenue $ 755,551 $ 687,949
Other income    
Revenue $ 13,557 $ 12,846