Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Total revenues	$ 782,063	$ 792,597	$ 881,078
Expenses
Depreciation	235,485	236,853	294,705
Property transactions, net	1,710	195,182	10,844
Ground lease expense	23,648	23,681	23,681
Acquisition-related expenses	7,500	980	10,165
General and administrative	18,055	16,076	16,516
Total Expenses	286,398	472,772	355,911
Non-operating income (expense)
Income from unconsolidated affiliate	100,824	89,056	0
Interest income	593	4,345	3,219
Interest expense	(265,942)	(228,786)	(249,944)
Gain (loss) on unhedged interest rate swaps, net	39,071	4,664	(3,880)
Other	(1,643)	(18,999)	(7,615)
Non-operating income (expense)	(127,097)	(149,720)	(258,220)
Income from continuing operations before income taxes	368,568	170,105	266,947
Provision for income taxes	(9,328)	(9,734)	(7,598)
Income from continuing operations, net of tax	359,240	160,371	259,349
Income from discontinued operations, net of tax - basic and diluted	0	0	16,216
Net income	359,240	160,371	275,565
Less: Net income attributable to noncontrolling interest	(153,737)	(84,242)	(185,305)
Net income attributable to Class A shareholders	$ 205,503	$ 76,129	$ 90,260
Weighted average Class A shares outstanding:
Basic (in shares)	151,000	129,491	93,047
Diluted (in shares)	151,194	129,653	93,299
Rental revenue
Revenues
Total revenues	$ 757,941	$ 768,442	$ 856,421
Ground lease and other
Revenues
Total revenues	24,122	24,155	24,657
MGP Operating Partnership
Revenues
Total revenues	782,063	792,597	881,078
Expenses
Depreciation	235,485	236,853	294,705
Property transactions, net	1,710	195,182	10,844
Ground lease expense	23,648	23,681	23,681
Acquisition-related expenses	7,500	980	10,165
General and administrative	18,055	16,076	16,516
Total Expenses	286,398	472,772	355,911
Non-operating income (expense)
Income from unconsolidated affiliate	100,824	89,056	0
Interest income	593	4,345	3,219
Interest expense	(265,942)	(228,786)	(249,944)
Gain (loss) on unhedged interest rate swaps, net	39,071	4,664	(3,880)
Other	(1,643)	(18,999)	(7,615)
Non-operating income (expense)	(127,097)	(149,720)	(258,220)
Income from continuing operations before income taxes	368,568	170,105	266,947
Provision for income taxes	(9,328)	(9,734)	(7,598)
Income from continuing operations, net of tax	359,240	160,371	259,349
Income from discontinued operations, net of tax - basic and diluted	0	0	16,216
Net income	$ 359,240	$ 160,371	$ 275,565
Weighted average units outstanding:
Basic (in units)	269,674	310,688	293,885
Diluted (in units)	269,868	310,850	294,137
Net income per Operating Partnership unit (basic) (in dollars per share)	$ 1.33	$ 0.52	$ 0.94
Net income per Operating Partnership unit (diluted) (in dollars per share)	1.33	0.52	0.94
MGP Operating Partnership \| Continuing Operations
Weighted average units outstanding:
Net income per Operating Partnership unit (basic) (in dollars per share)	1.33	0.52	0.88
Net income per Operating Partnership unit (diluted) (in dollars per share)	1.33	0.52	0.88
MGP Operating Partnership \| Discontinued Operations
Weighted average units outstanding:
Net income per Operating Partnership unit (basic) (in dollars per share)	0	0	0.06
Net income per Operating Partnership unit (diluted) (in dollars per share)	$ 0	$ 0	$ 0.06
MGP Operating Partnership \| Rental revenue
Revenues
Total revenues	$ 757,941	$ 768,442	$ 856,421
MGP Operating Partnership \| Ground lease and other
Revenues
Total revenues	$ 24,122	$ 24,155	$ 24,657
Class A Shares
Earnings per Class A share
Income from continuing operations per Class A share (basic) (in dollars per share)	$ 1.36	$ 0.59	$ 0.92
Income from discontinued operations per Class A share (basic) (in dollars per share)	0	0	0.05
Earnings per Class A share (basic) (in dollars per share)	1.36	0.59	0.97
Income from continuing operations per Class A share (diluted) (in dollars per share)	1.36	0.59	0.92
Income from discontinued operations per Class A share (diluted) (in dollars per share)	0	0	0.05
Earnings per Class A share (diluted) (in dollars per share)	$ 1.36	$ 0.59	$ 0.97

MGM Growth Properties LLC 10-K