For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Impairment charges | - | 90,410 | ||
| Revenue from tenants | 495,286 | 805,010 | ||
| Property operating | 51,206 | 142,497 | ||
| Operating fees to related parties | 0 | - | ||
| Impairment charges | 157,532 | - | ||
| Merger, transaction and other costs | 6,662 | 6,026 | ||
| Settlement costs | 0 | - | ||
| General and administrative | 52,753 | 57,734 | ||
| Equity-based compensation | 12,514 | 8,931 | ||
| Depreciation and amortization | 191,189 | 349,943 | ||
| Goodwill impairment | 7,134 | - | ||
| Total expenses | 478,990 | 655,541 | ||
| Operating income (loss) before gain (loss) on dispositions of real estate investments | 16,296 | 149,469 | ||
| Gain (loss) on dispositions of real estate investments | 94,687 | 57,015 | ||
| Operating income (loss) | 110,983 | 206,484 | ||
| Interest expense | 194,718 | 326,932 | ||
| Loss on extinguishment and modification of debt | -11,222 | -15,877 | ||
| (loss) gain on derivative instruments | -10,676 | 4,229 | ||
| Unrealized (losses) gains on undesignated foreign currency advances and other hedge ineffectiveness | -12,644 | 3,249 | ||
| Other income | 4,331 | 1,720 | ||
| Total other expense, net | -224,929 | -333,611 | ||
| Net loss before income tax | -113,946 | -127,127 | ||
| Income tax expense | 21,801 | 4,445 | ||
| Loss from continuing operations | -135,747 | - | ||
| Loss from discontinued operations | -89,710 | - | ||
| Net loss | -225,457 | -131,572 | ||
| Preferred stock dividends | 43,743 | 43,744 | ||
| Net loss attributable to common stockholders | -269,200 | -175,316 | ||
| Basic EPS | -1.21 | -0.76 | ||
| Diluted EPS | -1.21 | -0.76 | ||
| Basic Average Shares | 223,255,282 | 230,440,385 | ||
| Diluted Average Shares | 223,255,282 | 230,440,385 | ||
Global Net Lease, Inc. (GNL)
Global Net Lease, Inc. (GNL)