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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE      
Rental (including reimbursable) $ 1,484,818 $ 1,321,546 $ 1,212,306
Other 6,773 6,292 3,462
Total revenue 1,491,591 1,327,838 1,215,768
EXPENSES      
Depreciation and amortization 593,961 539,780 498,788
Interest 290,991 266,020 247,413
General and administrative 66,483 84,148 58,446
Property (including reimbursable) 88,585 66,326 69,480
Income taxes 6,158 5,340 6,044
Provisions for impairment 40,186 26,269 14,751
Total expenses 1,086,364 987,883 894,922
Gain on sales of real estate 29,996 24,643 40,898
Foreign currency and derivative gains, net 2,255 0 0
Loss on extinguishment of debt 0 0 (42,426)
Net income 437,478 364,598 319,318
Net income attributable to noncontrolling interests (996) (984) (520)
Net income attributable to the Company 436,482 363,614 318,798
Preferred stock dividends 0 0 (3,911)
Excess of redemption value over carrying value of preferred shares redeemed 0 0 (13,373)
Net income available to common stockholders $ 436,482 $ 363,614 $ 301,514
Amounts available to common stockholders per common share:      
Net income, basic and diluted (in dollars per share) $ 1.38 $ 1.26 $ 1.10
Weighted average common shares outstanding:      
Basic (in shares) 315,837,012 289,427,430 273,465,680
Diluted (in shares) 316,159,277 289,923,984 273,936,752
Other comprehensive income:      
Net income available to common stockholders $ 436,482 $ 363,614 $ 318,798
Foreign currency translation adjustment 186 0 0
Unrealized loss on derivatives, net (9,190) (8,098) 0
Comprehensive income available to common stockholders $ 427,478 $ 355,516 $ 318,798