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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:                              
Rental revenue                         $ 563,071 $ 586,414  
Rental revenue                             $ 493,231
Tenant expense reimbursement                         0 0 72,372
Observatory revenue                         29,057 128,769 131,227
Lease termination fees                         9,416 4,352 20,847
Third-party management and other fees                         1,225 1,254 1,440
Other revenue and fees                         6,459 10,554 12,394
Total revenues $ 151,399 $ 146,575 $ 141,030 $ 170,224 $ 194,933 $ 192,873 $ 176,244 $ 167,293 $ 199,309 $ 186,402 $ 178,529 $ 167,271 609,228 731,343 731,511
Operating expenses:                              
Property operating expenses                         136,141 174,977 167,379
Ground rent expenses                         9,326 9,326 9,326
General and administrative expenses                         62,244 61,063 52,674
Observatory expenses                         23,723 33,767 32,767
Real estate taxes                         121,923 115,916 110,000
Impairment charges                         6,204 0 0
Depreciation and amortization                         191,006 181,588 168,508
Total operating expenses                         550,567 576,637 540,654
Total operating income 19,426 11,928 334 26,973 47,112 45,279 36,239 26,076 58,490 48,538 49,665 34,164 58,661 154,706 190,857
Other income (expense):                              
Interest income                         2,637 11,259 10,661
Interest expense                         (89,907) (79,246) (79,623)
Loss on early extinguishment of debt                         (86) 0 0
IPO litigation expense                         (1,165) 0 0
Income (loss) before income taxes                         (29,860) 86,719 121,895
Income tax benefit (expense)                         6,971 (2,429) (4,642)
Net income (loss) $ 710 $ (12,269) $ (19,618) $ 8,288 $ 28,720 $ 26,784 $ 18,930 $ 9,856 $ 39,781 $ 29,230 $ 30,184 $ 18,058 (22,889) 84,290 117,253
Private perpetual preferred unit distributions                         (4,197) (1,743) (936)
Net (income) loss attributable to non-controlling interest                         10,374 (33,102) (50,714)
Net income (loss) attributable to common stockholders                         $ (16,712) $ 49,445 $ 65,603
Total weighted average shares:                              
Basic (in shares)                         175,169 178,340 167,571
Diluted (in shares)                         283,837 297,798 297,259
Earnings (loss) per share attributable to common stockholders:                              
Basic (in USD per share)                         $ (0.10) $ 0.28 $ 0.39
Diluted (in USD per share)                         $ (0.10) $ 0.28 $ 0.39