v3.25.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue      
Rental income $ 762,892 $ 705,160 $ 654,377
Other income 4,492 2,675 2,968
Total revenue 767,384 707,835 657,345
Expenses      
Property 154,828 139,596 125,701
General and administrative 49,202 47,491 46,958
Depreciation and amortization 293,077 278,447 275,040
Loss on impairment 4,967 0 1,783
Other expenses 2,332 4,693 4,363
Total expenses 504,406 470,227 453,845
Other income (expense)      
Interest and other income 44 68 103
Interest expense (113,169) (94,575) (78,018)
Debt extinguishment and modification expenses (703) 0 (838)
Gain on involuntary conversion 11,843 0 0
Gain on the sales of rental property, net 32,273 54,100 57,487
Total other income (expense) (69,712) (40,407) (21,266)
Net income 193,266 197,201 182,234
Less: income attributable to noncontrolling interest in operating partnership 4,046 4,356 3,908
Net income attributable to STAG Industrial, Inc. 189,220 192,845 178,326
Less: amount allocated to participating securities 182 212 237
Net income attributable to common stockholders $ 189,038 $ 192,633 $ 178,089
Weighted average common shares outstanding — basic 182,160 180,221 178,753
Weighted average common shares outstanding — diluted 182,404 180,555 178,940
Net income per share attributable to common stockholders — basic $ 1.04 $ 1.07 $ 1.00
Net income per share attributable to common stockholders — diluted $ 1.04 $ 1.07 $ 1.00