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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Carried interest allocation (reversal) $ (54,756) $ (31,079)
Principal investment income (loss) 3,562 6,454
Other Income 11,301 12,111
Total revenues 250,160 232,834
Expenses    
Property operating expense 97,126 84,003
Interest expense 67,196 44,030
Investment expense 5,751 9,565
Transaction-related costs 8,527 165
Depreciation and amortization 141,574 128,567
Compensation expense—cash and equity-based 74,650 65,542
Compensation expense (reversal)—incentive fee and carried interest (36,831) (20,352)
Administrative expenses 26,506 27,885
Total expenses 384,499 339,405
Other gain (loss), net (142,745) (149,881)
Income (Loss) from continuing operations before income taxes (277,084) (256,452)
Income tax benefit (expense) (1,042) 7,413
Income (Loss) from continuing operations (278,126) (249,039)
Income (Loss) from discontinued operations (14,218) (94,645)
Net income (loss) (292,344) (343,684)
Net income (loss) attributable to noncontrolling interests:    
Redeemable noncontrolling interests 6,943 (11,220)
Investment entities (84,828) (63,045)
Operating Company (16,662) (22,862)
Net loss attributable to DigitalBridge Group, Inc. (197,797) (246,557)
Preferred stock dividends 14,676 15,759
Net income (loss) attributable to common stockholders $ (212,473) $ (262,316)
Income (Loss) per share—basic    
Income (Loss) from continuing operations per common share - basic (in dollars per share) $ (1.25) $ (1.27)
Net income (loss) attributable to common stockholders per common share - basic (in dollars per share) (1.34) (1.84)
Income (Loss) per share—diluted    
Income (Loss) from continuing operations per common share - diluted (in dollars per share) (1.25) (1.27)
Net income (loss) attributable to common stockholders per common share - diluted (in dollars per share) $ (1.34) $ (1.84)
Weighted average number of shares    
Basic (in shares) 158,446 142,485
Diluted (in shares) 158,446 142,485
Dividends declared per common share (in dollars per share) $ 0.01 $ 0
Operating Segments | Investment Management    
Revenues    
Carried interest allocation (reversal) $ (54,756) $ (31,079)
Principal investment income (loss) 318 17
Other Income 1,169 1,256
Total revenues 6,829 13,831
Expenses    
Property operating expense 0 0
Interest expense 2,603 2,502
Investment expense 536 1,140
Transaction-related costs 5,192 0
Depreciation and amortization 6,409 5,276
Compensation expense—cash and equity-based 28,182 24,808
Compensation expense (reversal)—incentive fee and carried interest (36,831) (20,352)
Administrative expenses 6,407 4,171
Total expenses 12,498 17,545
Other gain (loss), net 3,082 (3,055)
Income (Loss) from continuing operations before income taxes (2,587) (6,769)
Income tax benefit (expense) (217) (2,374)
Income (Loss) from continuing operations (2,804) (9,143)
Net income (loss) attributable to noncontrolling interests:    
Redeemable noncontrolling interests 418 (3,266)
Investment entities (857) 2,349
Operating Company (167) (624)
Net loss attributable to DigitalBridge Group, Inc. (2,198) (7,602)
Operating Segments | Operating    
Revenues    
Carried interest allocation (reversal) 0 0
Principal investment income (loss) 0 0
Other Income 737 11
Total revenues 231,664 202,522
Expenses    
Property operating expense 97,126 84,003
Interest expense 59,984 36,184
Investment expense 5,203 8,016
Transaction-related costs 0 0
Depreciation and amortization 134,699 122,891
Compensation expense—cash and equity-based 27,179 19,956
Compensation expense (reversal)—incentive fee and carried interest 0 0
Administrative expenses 7,240 6,899
Total expenses 331,431 277,949
Other gain (loss), net 1,769 956
Income (Loss) from continuing operations before income taxes (97,998) (74,471)
Income tax benefit (expense) 56 330
Income (Loss) from continuing operations (97,942) (74,141)
Net income (loss) attributable to noncontrolling interests:    
Redeemable noncontrolling interests 0 0
Investment entities (86,254) (60,196)
Operating Company (899) (1,121)
Net loss attributable to DigitalBridge Group, Inc. (10,789) (12,824)
Corporate and Other    
Revenues    
Carried interest allocation (reversal) 0 0
Principal investment income (loss) 3,244 6,437
Other Income 9,395 10,844
Total revenues 11,667 16,481
Expenses    
Property operating expense 0 0
Interest expense 4,609 5,344
Investment expense 12 409
Transaction-related costs 3,335 165
Depreciation and amortization 466 400
Compensation expense—cash and equity-based 19,289 20,778
Compensation expense (reversal)—incentive fee and carried interest 0 0
Administrative expenses 12,859 16,815
Total expenses 40,570 43,911
Other gain (loss), net (147,596) (147,782)
Income (Loss) from continuing operations before income taxes (176,499) (175,212)
Income tax benefit (expense) (881) 9,457
Income (Loss) from continuing operations (177,380) (165,755)
Net income (loss) attributable to noncontrolling interests:    
Redeemable noncontrolling interests 6,525 (7,954)
Investment entities 1,766 977
Operating Company (14,522) (14,007)
Net loss attributable to DigitalBridge Group, Inc. (171,149) (144,771)
Fee income    
Revenues    
Income 59,126 42,837
Fee income | Operating Segments | Investment Management    
Revenues    
Income 60,098 43,637
Fee income | Operating Segments | Operating    
Revenues    
Income 0 0
Fee income | Corporate and Other    
Revenues    
Income (972) (800)
Fee income | Affiliated Entity    
Revenues    
Income 56,389 42,004
Property operating income    
Revenues    
Income 230,927 202,511
Property operating income | Operating Segments | Investment Management    
Revenues    
Income 0 0
Property operating income | Operating Segments | Operating    
Revenues    
Income 230,927 202,511
Property operating income | Corporate and Other    
Revenues    
Income 0 0
Other income | Affiliated Entity    
Revenues    
Income $ 1,253 $ 3,379