v3.26.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues [Abstract]        
Rental income $ 230,970 $ 209,995 $ 678,346 $ 622,795
Other income 75 1,126 1,275 1,493
Total revenue 231,045 211,121 679,621 624,288
Expenses        
Property 46,236 42,168 138,580 126,249
General and administrative 14,830 12,173 42,228 38,380
Depreciation and amortization 80,548 75,963 241,388 224,336
Loss on impairment 0 0 0 888
Other expenses 805 563 1,698 1,077
Total expenses 142,419 130,867 423,894 390,930
Other income (expense)        
Interest and other income 4 372 165 380
Interest expense (39,126) (31,670) (112,506) (97,817)
Debt extinguishment and modification expenses (1,592) (1,503) (1,592) (1,503)
Gain on involuntary conversion 0 0 0 1,855
Gain on the sales of rental property, net 24,244 2,196 47,689 57,801
Total other income (expense) (16,470) (30,605) (66,244) (39,284)
Net income 72,156 49,649 189,483 194,074
Less: income attributable to noncontrolling interest in operating partnership 1,447 1,013 3,858 4,035
Net income attributable to STAG Industrial, Inc. 70,709 48,636 185,625 190,039
Less: amount allocated to participating securities 38 42 115 128
Net income attributable to common stockholders $ 70,671 $ 48,594 $ 185,510 $ 189,911
Weighted average common shares outstanding — basic 192,716 186,593 191,637 186,533
Weighted average common shares outstanding — diluted 192,907 186,840 191,832 186,837
Net income per share attributable to common stockholders — basic $ 0.37 $ 0.26 $ 0.97 $ 1.02
Net income per share attributable to common stockholders — diluted $ 0.37 $ 0.26 $ 0.97 $ 1.02