v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenues $ 762,040 $ 766,734 $ 1,520,198 $ 1,535,842
Expenses:        
Rental operations 224,433 217,254 450,828 435,568
General and administrative 29,128 44,629 59,803 91,684
Interest 55,296 45,789 106,172 86,629
Depreciation and amortization 346,123 290,720 688,185 578,274
Impairment of real estate 129,606 30,763 161,760 30,763
Total expenses 784,586 629,155 1,466,748 1,222,918
Equity in (losses) earnings of unconsolidated real estate joint ventures (9,021) 130 (9,528) 285
Investment loss (30,622) (43,660) (80,614) (376)
Gain on sales of real estate 0 0 13,165 392
Net (loss) income (62,189) 94,049 (23,527) 313,225
Net income attributable to noncontrolling interests (44,813) (47,347) (92,414) (95,978)
Net (loss) income attributable to Alexandria Real Estate Equities, Inc.’s stockholders (107,002) 46,702 (115,941) 217,247
Net income attributable to unvested restricted stock awards (2,609) (3,785) (5,269) (7,444)
Net (loss) income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ (109,611) $ 42,917 $ (121,210) $ 209,803
Earnings (loss) per share – basic (USD per share) $ (0.64) $ 0.25 $ (0.71) $ 1.22
Earnings (loss) per share - diluted (USD per share) $ (0.64) $ 0.25 $ (0.71) $ 1.22
Income from rentals        
Total revenues $ 737,279 $ 755,162 $ 1,480,454 $ 1,510,713
Other income        
Total revenues $ 24,761 $ 11,572 $ 39,744 $ 25,129