| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Rental revenue | $527.5M+23.9% | $425.7M+25.3% | $339.9M+26.0% | $269.8M+26.5% | $213.3M+36.9% | $155.8M+14.8% | $135.7M-12.9% | $155.8M |
| Interest on loans and direct financing lease receivables | $31.6M+35.1% | $23.4M+29.1% | $18.1M+17.0% | $15.5M-1.3% | $15.7M+93.1% | $8.1M+169.0% | $3.0M-62.8% | $8.1M |
| Other revenue, net | $2.1M+355.8% | $452K-71.2% | $1.6M+33.1% | $1.2M-1.4% | $1.2M+1377.8% | $81K-87.8% | $663K+718.5% | $81K |
| Total revenues | $561.2M+24.8% | $449.6M+25.0% | $359.6M+25.5% | $286.5M+24.4% | $230.2M+40.4% | $164.0M+17.7% | $139.4M-15.0% | $164.0M |
| General and administrative | $40.9M+16.2% | $35.2M+14.6% | $30.7M+4.1% | $29.5M+21.1% | $24.3M-0.5% | $24.4M+12.4% | $21.7M-11.0% | $24.4M |
| Property expenses | $7.6M+51.6% | $5.0M+7.2% | $4.7M+35.1% | $3.5M-40.1% | $5.8M+48.5% | $3.9M+26.4% | $3.1M-20.9% | $3.9M |
| Depreciation and amortization | $153.6M+25.7% | $122.2M+19.5% | $102.2M+15.4% | $88.6M+28.1% | $69.1M+16.3% | $59.4M+39.1% | $42.7M-28.1% | $59.4M |
| Provision for impairment of real estate | $12.0M-19.2% | $14.8M+318.4% | $3.5M-82.4% | $20.2M+229.5% | $6.1M-27.1% | $8.4M+187.8% | $2.9M-65.3% | $8.4M |
| Change in provision for credit losses | $108K-53.0% | $230K+332.3% | -$99K-212.5% | $88K+143.1% | -$204K-124.6% | $830K | — | — |
| Total expenses | $214.1M+20.7% | $177.4M+25.8% | $141.0M-0.5% | $141.7M+34.8% | $105.2M+8.4% | $97.0M+37.6% | $70.5M-27.3% | $97.0M |
| Gain on dispositions of real estate, net | $12.8M+115.0% | $6.0M-75.3% | $24.2M-21.1% | $30.6M+228.2% | $9.3M+60.4% | $5.8M-46.8% | $10.9M+87.8% | $5.8M |
| Income from operations | $359.9M+29.4% | $278.2M+14.6% | $242.8M+38.4% | $175.4M+30.5% | $134.4M+84.6% | $72.8M-8.7% | $79.8M+9.6% | $72.8M |
| Loss on debt extinguishment | $0 | $0+100.0% | -$116K+94.6% | -$2.1M+52.1% | -$4.5M-382.8% | -$924K+82.4% | -$5.2M | — |
| Interest expense | -$108.1M-37.6% | -$78.5M-49.3% | -$52.6M-30.3% | -$40.4M-20.1% | -$33.6M-13.4% | -$29.7M-9.7% | -$27.0M | — |
| Interest income | $2.5M-17.3% | $3.1M+52.6% | $2.0M-28.8% | $2.8M+2905.3% | $94K-80.6% | $485K-38.9% | $794K+63.7% | $485K |
| Other income | $0-100.0% | $1.5M | $0 | $0 | — | — | — | — |
| Income before income tax expense | $254.4M+24.5% | $204.3M+6.4% | $192.1M+41.5% | $135.7M+40.8% | $96.4M+125.6% | $42.7M-11.6% | $48.3M+13.1% | $42.7M |
| Income tax expense | $644K+2.5% | $628K-1.3% | $636K-36.3% | $998K+339.6% | $227K+7.1% | $212K-30.0% | $303K+42.9% | $212K |
| Net income | $253.7M+24.6% | $203.6M+6.4% | $191.4M+42.1% | $134.7M+40.0% | $96.2M+126.2% | $42.5M-11.4% | $48.0M+194.1% | $16.3M |
| Net income attributable to non-controlling interests | -$718K-13.2% | -$634K+10.5% | -$708K-15.7% | -$612K-25.9% | -$486K-90.6% | -$255K+95.9% | -$6.2M-23.6% | -$5.0M |
| Net income attributable to stockholders | $253.0M+24.6% | $203.0M+6.4% | $190.7M+42.2% | $134.1M+40.1% | $95.7M+126.4% | $42.3M+1.0% | $41.8M-1.0% | $42.3M |
| Basic weighted average shares outstanding (in shares) | 196.05B+12.8% | 173.86B+14.3% | 152.14B+12.7% | 134.94B+16.0% | 116.36B+22.1% | 95.31B+48.7% | 64.10B+50.4% | 42.63B |
| Basic net income per share (in USD per share) | $1290.00+11.2% | $1160.00-7.2% | $1250.00+26.3% | $990.00+20.7% | $820.00+186263.6% | $0.44-32.3% | $0.65+150.0% | $0.26 |
| Diluted weighted average shares outstanding (in shares) | 198.05B+11.8% | 177.12B+15.4% | 153.52B+13.0% | 135.86B+15.7% | 117.47B+22.1% | 96.20B+27.7% | 75.31B+21.9% | 61.77B |
| Diluted net income per share (in USD per share) | $1280.00+11.3% | $1150.00-7.3% | $1240.00+25.3% | $990.00+20.7% | $820.00+186263.6% | $0.44-30.2% | $0.63+142.3% | $0.26 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.