v3.24.0.1
ORION OFFICE REIT, CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 195,041 $ 208,118 $ 79,731
Operating expenses:      
Property operating 60,783 61,519 13,411
General and administrative 18,720 15,908 3,832
Depreciation and amortization 109,111 131,367 43,922
Impairments 33,112 66,359 49,859
Transaction related 504 675 0
Spin related 0 964 7,909
Total operating expenses 222,230 276,792 118,933
Other (expenses) income:      
Interest expense, net (29,669) (30,171) (4,267)
Gain on disposition of real estate assets 31 2,352 0
Loss on extinguishment of debt, net (504) (468) (3,782)
Other income, net 911 223 0
Equity in loss of unconsolidated joint venture, net (435) (524) (56)
Total other (expenses) income, net (29,666) (28,588) (8,105)
Loss before taxes (56,855) (97,262) (47,307)
Provision for income taxes (456) (212) (157)
Net loss (57,311) (97,474) (47,464)
Net loss (income) attributable to non-controlling interest 9 (20) (17)
Net loss attributable to common stockholders $ (57,302) $ (97,494) $ (47,481)
Weighted-average shares outstanding - basic (in shares) 56,409,734 56,631,826 56,625,650
Weighted-average shares outstanding - diluted (in shares) 56,409,734 56,631,826 56,625,650
Basic net loss per share attributable to common stockholders (in dollars per share) $ (1.02) $ (1.72) $ (0.84)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (1.02) $ (1.72) $ (0.84)
Rental      
Total revenues $ 194,241 $ 207,353 $ 79,460
Fee income from unconsolidated joint venture      
Total revenues $ 800 $ 765 $ 271

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