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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - KRG Trust - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Rental income $ 205,836 $ 196,205 $ 408,899 $ 387,097
Total revenue 208,759 202,605 415,509 396,996
Expenses:        
Property operating 27,232 26,123 54,546 52,051
Real estate taxes 26,697 27,883 53,880 54,742
General, administrative and other 14,499 13,809 27,883 27,118
Merger and acquisition costs 0 (27) 0 898
Depreciation and amortization 109,462 119,761 217,533 241,265
Total expenses 177,890 187,549 353,842 376,074
Gain on sales of operating properties, net 28,440 23,958 28,440 27,126
Operating income 59,309 39,014 90,107 48,048
Interest expense (27,205) (25,709) (52,630) (51,223)
Income tax (expense) benefit of taxable REIT subsidiary (45) 188 (16) 259
Equity in earnings (loss) of unconsolidated subsidiaries 118 114 (126) (200)
Other income (expense), net 304 (162) 707 (265)
Net income (loss) 32,481 13,445 38,042 (3,381)
Net income attributable to noncontrolling interests (423) (314) (593) (292)
Net income (loss) attributable to common shareholders $ 32,058 $ 13,131 $ 37,449 $ (3,673)
Net income (loss) per common share        
Net income (loss) per common share – basic (in USD per share) $ 0.15 $ 0.06 $ 0.17 $ (0.02)
Net income (loss) per common share – diluted (in USD per share) $ 0.15 $ 0.06 $ 0.17 $ (0.02)
Weighted average common shares outstanding - basic (in shares) 219,354,275 219,073,778 219,294,255 219,027,729
Weighted average common shares outstanding - diluted (in shares) 220,032,366 219,744,300 219,999,440 219,027,729
Net income (loss) $ 32,481 $ 13,445 $ 38,042 $ (3,381)
Change in fair value of derivatives 8,642 17,559 (3,003) 56,497
Total comprehensive income 41,123 31,004 35,039 53,116
Comprehensive income attributable to noncontrolling interests (529) (727) (611) (930)
Comprehensive income attributable to the Company and common unitholders 40,594 30,277 34,428 52,186
Other property-related revenue        
Revenue:        
Other revenue 1,883 3,729 3,799 4,919
Fee income        
Revenue:        
Other revenue $ 1,040 $ 2,671 $ 2,811 $ 4,980