v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Rents and other single-family property revenues $ 423,494   $ 395,548   $ 847,049 $ 793,251
Expenses:            
General and administrative expense 21,693   19,937   43,578 37,792
Interest expense 38,678   34,844   77,255 70,726
Acquisition and other transaction costs 2,937   4,175   6,261 9,251
Depreciation and amortization 117,603   113,199   233,329 225,916
Total expenses 362,763   345,374   729,604 694,772
Gain on sale and impairment of single-family properties and other, net 43,892   62,758   112,793 147,417
Loss on early extinguishment of debt (63)   0   (1,017) 0
Other income and expense, net 3,974   2,482   7,408 7,217
Net income 108,534 $ 128,095 115,414 $ 137,699 236,629 253,113
Noncontrolling interest 12,906   13,899   28,226 30,647
Dividends on preferred shares 3,486 $ 3,486 3,486 $ 3,486 6,972 6,972
Net income attributable to common shareholders/unitholders $ 92,142   $ 98,029   $ 201,431 $ 215,494
Weighted-average common shares outstanding:            
Basic (in shares) 366,778,333   362,148,911   366,645,796 361,267,035
Diluted (in shares) 367,312,955   362,479,942   367,142,626 361,593,174
Net income attributable to common shareholders per share:            
Basic (in dollars per share) $ 0.25   $ 0.27   $ 0.55 $ 0.59
Diluted (in dollars per share) $ 0.25   $ 0.27   $ 0.55 $ 0.59
Property operating expenses            
Expenses:            
Cost of goods and services sold $ 149,470   $ 142,553   $ 305,397 $ 289,621
Property management expenses            
Expenses:            
Cost of goods and services sold $ 32,382   $ 30,666   $ 63,784 $ 61,466