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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUE:    
Rental and other property revenue $ 149,977 $ 54,811
Other revenue 385 301
Total revenue 150,362 55,112
EXPENSES:    
Property operating expenses 55,883 20,838
Property management expenses 5,556 1,943
General and administrative expenses 7,928 5,942
Depreciation and amortization expense 78,174 16,552
Casualty gains (losses), net 1,393 (359)
Total expenses 146,148 45,634
Other income (expense), net 380 0
Interest Expense (20,531) (8,385)
Gain on sale of real estate assets, net 94,712 0
Merger and integration costs (1,895) 0
Net income: 76,880 1,093
Income allocated to noncontrolling interest (2,280) (7)
Net income allocable to common shares $ 74,600 $ 1,086
Earnings per share:    
Basic (in dollars per share) $ 0.34 $ 0.01
Diluted (in dollars per share) $ 0.34 $ 0.01
Weighted-average shares:    
Basic (in shares) 220,798,692 101,678,865
Diluted (in shares) 222,045,286 102,763,106