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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Rental income $ 306,499 $ 333,335 $ 932,710 $ 987,109
Interest income 3,904 4,264 12,307 12,711
Other operating 5,020 4,661 13,533 13,508
Revenues 315,423 342,260 958,550 1,013,328
Expenses        
Property operating 120,232 131,639 359,030 379,074
General and administrative 20,124 13,396 48,913 43,796
Transaction costs 719 769 1,545 1,725
Merger-related costs 0 7,450 0 (3,366)
Depreciation and amortization 163,226 182,989 514,821 550,661
Expenses 304,301 336,243 924,309 971,890
Other income (expense)        
Gain on sales of real estate properties and other assets 39,310 48,811 77,670 56,974
Interest expense (60,649) (66,304) (184,159) (195,397)
Gain on extinguishment of debt 0 62 0 62
Impairment of real estate properties and credit loss reserves (84,394) (56,873) (232,450) (143,510)
Impairment of goodwill 0 0 (250,530) 0
Equity income (loss) from unconsolidated joint ventures 208 (456) (360) (1,253)
Interest and other (expense) income, net (132) 139 (104) 1,278
Total other income (expense) (105,657) (74,621) (589,933) (281,846)
Net loss (94,535) (68,604) (555,692) (240,408)
Net loss attributable to non-controlling interests 1,512 760 8,053 2,680
Net loss attributable to common stockholders $ (93,023) $ (67,844) $ (547,639) $ (237,728)
Basic earnings per common share (in dollars per share) $ (0.26) $ (0.18) $ (1.49) $ (0.63)
Diluted earnings per common share (in dollars per share) $ (0.26) $ (0.18) $ (1.49) $ (0.63)
Weighted average common shares outstanding - basic (in shares) 358,959,830 378,925,339 370,254,198 378,886,107
Weighted average common shares outstanding - diluted (in shares) 358,959,830 378,925,339 370,254,198 378,886,107
Revenue, Product and Service [Extensible List] Service [Member] Service [Member] Service [Member] Service [Member]