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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue from tenants $ 95,177 $ 99,564 $ 192,310 $ 188,954
Expenses:        
Property operating 7,798 7,467 15,258 15,037
Operating fees to related parties 10,081 9,479 20,157 19,118
Impairment charges 16,031 6,707 16,261 6,707
Acquisition, transaction and other costs 133 28 141 45
General and administrative 3,675 4,201 7,569 8,329
Equity-based compensation 3,358 3,007 6,085 5,584
Depreciation and amortization 39,359 39,702 79,248 79,386
Total expenses 80,435 70,591 144,719 134,206
Operating income before gain (loss) on dispositions of real estate investments 14,742 28,973 47,591 54,748
Gain (loss) on dispositions of real estate investments 62 (7) 62 (7)
Operating income 14,804 28,966 47,653 54,741
Other income (expense):        
Interest expense (23,449) (24,018) (47,572) (45,386)
Loss on extinguishment of debt (342) 0 (342) 0
Gain on derivative instruments 7,798 (514) 12,413 1,328
Unrealized income on undesignated foreign currency advances and other hedge ineffectiveness 2,439 0 2,439 0
Other income 549 84 844 99
Total other expense, net (13,005) (24,448) (32,218) (43,959)
Net income before income tax 1,799 4,518 15,435 10,782
Income tax expense (2,515) (1,930) (5,610) (4,010)
Net (loss) income (716) 2,588 9,825 6,772
Preferred stock dividends (5,131) (5,016) (10,189) (10,032)
Net loss attributable to common stockholders $ (5,847) $ (2,428) $ (364) $ (3,260)
Basic and Diluted Loss Per Share:        
Net loss per share attributable to common stockholders — Basic (in dollars per share) $ (0.06) $ (0.14) $ (0.01) $ (0.15)
Net loss per share attributable to common stockholders — Diluted (in dollars per share) $ (0.06) $ (0.14) $ (0.01) $ (0.15)
Weighted average common shares outstanding:        
Weighted average common shares outstanding — Basic (in shares) 103,649,308 96,386,229 103,622,891 93,968,011
Weighted average common shares outstanding — Diluted (in shares) 103,649,308 96,386,229 103,622,891 93,968,011