| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Rental revenue | $626.2M+1.9% | $614.6M+2.9% | $597.3M+1.1% | $591.0M+5.6% | $559.7M |
| Observatory revenue | $128.3M-5.9% | $136.4M+5.4% | $129.4M+22.1% | $106.0M+155.5% | $41.5M |
| Lease termination fees | $464K-90.3% | $4.8M | $0-100.0% | $20.0M+23.4% | $16.2M |
| Third-party management and other fees | $1.5M+26.8% | $1.2M-13.4% | $1.4M-0.7% | $1.4M+11.6% | $1.2M |
| Other revenue and fees | $11.8M+7.0% | $11.0M-4.6% | $11.5M+33.8% | $8.6M+57.3% | $5.5M |
| Total revenues | $768.3M+0.0% | $767.9M+3.8% | $739.6M+1.7% | $727.0M+16.5% | $624.1M |
| Property operating expenses | $184.7M+3.1% | $179.2M+7.1% | $167.3M+5.9% | $157.9M+24.4% | $127.0M |
| Ground rent expenses | $9.3M+0.0% | $9.3M+0.0% | $9.3M+0.0% | $9.3M+0.0% | $9.3M |
| General and administrative expenses | $72.8M+3.7% | $70.2M+9.8% | $63.9M+3.5% | $61.8M+10.4% | $55.9M |
| Observatory expenses | $38.2M+3.8% | $36.8M+4.4% | $35.3M+13.6% | $31.0M+33.7% | $23.2M |
| Real estate taxes | $132.7M+3.0% | $128.8M+1.4% | $127.1M+3.3% | $123.1M+2.6% | $120.0M |
| Depreciation and amortization | $194.8M+5.4% | $184.8M-2.7% | $189.9M-12.4% | $216.9M+7.5% | $201.8M |
| Total operating expenses | $632.6M+3.8% | $609.2M+2.8% | $592.9M-1.2% | $600.0M+10.1% | $545.0M |
| Total operating income | $135.6M-14.5% | $158.7M+8.2% | $146.7M+15.5% | $127.0M+60.5% | $79.1M |
| Interest income | $8.7M-58.9% | $21.3M+40.7% | $15.1M+205.9% | $4.9M+602.8% | $704K |
| Interest expense | -$103.1M+2.0% | -$105.2M-3.7% | -$101.5M-0.3% | -$101.2M-7.2% | -$94.4M |
| Interest expense associated with property in receivership | -$647K+85.5% | -$4.5M | $0 | $0 | — |
| Loss on early extinguishment of debt | -$97K+82.5% | -$553K | $0 | $0+100.0% | -$214K |
| Gain on disposition of properties | $35.0M+163.3% | $13.3M-50.3% | $26.8M-21.3% | $34.0M | $0 |
| Income before income taxes | $75.5M-9.0% | $83.0M-4.7% | $87.1M+34.5% | $64.8M+538.4% | -$14.8M |
| Income tax expense | -$2.6M+4.8% | -$2.7M+1.0% | -$2.7M-75.6% | -$1.5M-189.2% | $1.7M |
| Net income | $73.0M-9.2% | $80.4M-4.8% | $84.4M+33.5% | $63.2M+584.9% | -$13.0M |
| Private perpetual preferred unit distributions | -$4.2M+0.0% | -$4.2M+0.0% | -$4.2M+0.0% | -$4.2M+0.0% | -$4.2M |
| Non-controlling interests in the Operating Partnership | -$25.4M+11.6% | -$28.7M+7.7% | -$31.1M-36.3% | -$22.8M-449.5% | $6.5M |
| Non-controlling interests in other partnerships | $0+100.0% | -$4K+94.1% | -$68K-128.0% | $243K | $0 |
| Net income attributable to common stockholders | $43.4M-8.5% | $47.4M-3.3% | $49.0M+34.6% | $36.4M+440.2% | -$10.7M |
| Basic (in shares) | 168.5M+2.2% | 164.9M+2.3% | 161.1M-2.4% | 165.0M-4.3% | 172.4M |
| Diluted (in shares) | 270.0M+0.4% | 269.0M+1.3% | 265.6M-1.6% | 269.9M-2.7% | 277.4M |
| Basic (in USD per share) | $260.00-10.3% | $290.00-3.3% | $300.00+36.4% | $220.00+466.7% | -$60.00 |
| Diluted (in USD per share) | $250.00-10.7% | $280.00-6.7% | $300.00+36.4% | $220.00+466.7% | -$60.00 |
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.