v3.26.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Total revenues $ 671,182 $ 751,944 $ 2,004,988 $ 2,272,142
Expenses:        
Rental operations 227,931 239,234 659,409 690,062
General and administrative 40,915 29,224 112,461 89,027
Interest 79,687 54,852 208,613 161,024
Depreciation and amortization 304,419 340,230 914,244 1,028,415
Impairment of real estate 637,904 323,870 865,873 485,630
Total expenses 1,290,856 987,410 2,760,600 2,454,158
Equity in earnings (losses) of unconsolidated real estate joint ventures 75 201 341 (9,327)
Investment income (losses) 23,990 28,161 152,635 (52,453)
(Loss) gain on early extinguishment of debt (3,323) (107) 363,112 (107)
Gain on sales of real estate 0 9,366 0 22,531
Net loss (598,932) (197,845) (239,524) (221,372)
Net income attributable to noncontrolling interests (38,754) (34,909) (109,292) (127,323)
Net loss attributable to Alexandria Real Estate Equities, Inc.’s stockholders (637,686) (232,754) (348,816) (348,695)
Net income attributable to unvested restricted stock awards (766) (2,183) (2,603) (7,452)
Net loss attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ (638,452) $ (234,937) $ (351,419) $ (356,147)
Earnings (loss) per share – basic (USD per share) $ (3.74) $ (1.38) $ (2.06) $ (2.09)
Earnings (loss) per share - diluted (USD per share) $ (3.74) $ (1.38) $ (2.06) $ (2.09)
Income from rentals        
Total revenues $ 653,618 $ 735,849 $ 1,949,841 $ 2,216,303
Other income        
Total revenues $ 17,564 $ 16,095 $ 55,147 $ 55,839