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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues [Abstract]        
Rental income $ 137,805 $ 117,471 $ 271,630 $ 235,810
Other income 622 146 792 355
Total revenue 138,427 117,617 272,422 236,165
Expenses        
Property 25,356 20,392 52,358 42,339
General and administrative 12,578 9,406 25,368 19,779
Depreciation and amortization 57,332 53,606 115,739 106,294
Other expenses 511 588 1,363 1,064
Total expenses 95,777 83,992 194,828 169,476
Other income (expense)        
Interest and other income 30 156 62 235
Interest expense (15,273) (15,333) (30,631) (30,197)
Debt extinguishment and modification expenses 0 (834) (679) (834)
Gain on involuntary conversion 0 657 0 657
Gain on the sales of rental property, net 5,976 1,045 12,385 47,804
Total other income (expense) (9,267) (14,309) (18,863) 17,665
Net income 33,383 19,316 58,731 84,354
Less: income attributable to noncontrolling interest after preferred stock dividends 733 407 1,206 2,005
Net income attributable to STAG Industrial, Inc. 32,650 18,909 57,525 82,349
Less: preferred stock dividends 0 1,289 1,289 2,578
Less: redemption of preferred stock 0 0 2,582 0
Less: amount allocated to participating securities 74 68 147 136
Net income attributable to common stockholders $ 32,576 $ 17,552 $ 53,507 $ 79,635
Weighted average common shares outstanding — basic 159,736 148,663 159,086 148,116
Weighted average common shares outstanding — diluted 161,367 149,027 160,249 148,341
Net income per share — basic and diluted        
Net income per share attributable to common stockholders — basic $ 0.20 $ 0.12 $ 0.34 $ 0.54
Net income per share attributable to common stockholders — diluted $ 0.20 $ 0.12 $ 0.33 $ 0.54