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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Rental income $ 254,284 $ 416,485 $ 459,872
Expenses:      
Property operating expense 29,090 52,451 61,259
Property tax expense 21,523 37,317 41,248
Property management fees 1,813 3,496 4,066
General and administrative expenses 42,962 38,995 39,051
Corporate operating expenses to related parties 1,154 1,349 2,520
Real estate impairment provision 409,512 127,577 4,242
Depreciation and amortization 112,204 190,745 209,638
Total expenses 618,258 451,930 362,024
Income before other income (expenses) (363,974) (35,445) 97,848
Other income (expenses):      
Interest expense (65,623) (84,816) (85,087)
Debt breakage costs 0 (13,249) 0
Other income (expense), net 13,111 (943) 93
Net loss from investment in unconsolidated entity (176,767) (9,993) 8
Net gain (loss) from disposition of assets 29,164 (139,280) (326)
Goodwill impairment provision (16,031) (135,270) 0
Transaction expenses (24,982) (22,386) (966)
Net (loss) income (605,102) (441,382) 11,570
Distributions to redeemable preferred shareholders (2,375) (10,063) (9,698)
Preferred units redemption (4,970) 0 0
Net (income) loss attributable to noncontrolling interests 54,555 39,714 (66)
Net income (loss) attributable to controlling interest (557,892) (411,731) 1,806
Distributions to redeemable noncontrolling interests attributable to common shareholders (36) (178) (177)
Net (loss) income attributable to common shareholders $ (557,928) $ (411,909) $ 1,629
Net (loss) income attributable to common stockholders per share, basic (in usd per share) $ (15.50) $ (11.41) $ 0.04
Net (loss) income attributable to common stockholders per share, diluted (in usd per share) $ (15.50) $ (11.41) $ 0.04
Weighted average number of common shares outstanding - basic (in shares) 35,988,231 36,057,825 34,361,208
Weighted average number of common shares outstanding - diluted (in shares) 35,988,231 36,057,825 34,361,208