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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total revenues $ 3,116,394 $ 2,885,699 $ 2,588,962
Expenses:      
Rental operations 909,265 859,180 783,153
General and administrative 168,359 199,354 177,278
Interest 185,838 74,204 94,203
Depreciation and amortization 1,202,380 1,093,473 1,002,146
Impairment of real estate 223,068 461,114 64,969
Loss on early extinguishment of debt 0 0 3,317
Total expenses 2,688,910 2,687,325 2,125,066
Equity in earnings of unconsolidated real estate joint ventures 7,059 980 645
Investment loss (53,122) (195,397) (331,758)
Gain on sales of real estate 129,312 277,037 537,918
Net income 510,733 280,994 670,701
Net income attributable to noncontrolling interests (187,784) (177,355) (149,041)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders 322,949 103,639 521,660
Net income attributable to unvested RSAs with nonforfeitable rights to dividends (13,394) (11,195) (8,392)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ 309,555 $ 92,444 $ 513,268
Earnings per share - basic (USD per share) $ 1.80 $ 0.54 $ 3.18
Earnings per share - diluted (USD per share) $ 1.80 $ 0.54 $ 3.18
Income from rentals      
Total revenues $ 3,049,706 $ 2,842,456 $ 2,576,040
Other income      
Total revenues $ 66,688 $ 43,243 $ 12,922