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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues [Abstract]    
Rental income $ 158,601 $ 133,825
Other income 608 170
Total revenue 159,209 133,995
Expenses    
Property 31,775 27,002
General and administrative 12,313 12,790
Depreciation and amortization 67,366 58,407
Other expenses 497 852
Total expenses 111,951 99,051
Other income (expense)    
Interest and other income 34 32
Interest expense (17,259) (15,358)
Debt extinguishment and modification expenses 0 (679)
Gain on the sales of rental property, net 23,955 6,409
Total other income (expense) 6,730 (9,596)
Net income 53,988 25,348
Less: income attributable to noncontrolling interest after preferred stock dividends 1,162 473
Net income attributable to STAG Industrial, Inc. 52,826 24,875
Less: preferred stock dividends 0 1,289
Less: redemption of preferred stock 0 2,582
Less: amount allocated to participating securities 62 73
Net income attributable to common stockholders $ 52,764 $ 20,931
Weighted average common shares outstanding — basic 177,827 158,430
Weighted average common shares outstanding — diluted 178,065 159,126
Net income per share attributable to common stockholders — basic $ 0.30 $ 0.13
Net income per share attributable to common stockholders — diluted $ 0.30 $ 0.13