| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
| Revenues: |
| Multi-Tenant Properties | 242.4 | 116.2 | 113.4 | 130.5 | | | | |
| Single-Tenant Properties | 204.0 | 218.9 | 191.9 | 169.2 | | | | |
| Total revenues [+] | 446.4 | 335.2 | 305.2 | 299.7 | 291.2 | 270.9 | 177.7 | 174.5 |
| Tenant reimbursements | | | | | | | | 11.5 |
| Lease / rental | | | | | | | 164.4 | 160.9 |
| Net interest income | | | | | | | 1.1 | 2.1 |
| Net investment income | | | | | | | | 0.4 |
| Revenue growth [+] | 33.2% | 9.8% | 1.8% | 2.9% | 7.5% | 52.5% | 1.8% | 10.2% |
| Multi-Tenant Properties | 108.6% | 2.5% | -13.2% | | | | | |
| Single-Tenant Properties | -6.8% | 14.1% | 13.4% | | | | | |
| Cost of goods sold | -61.4 | -4.8 | -6.5 | -23.7 | -31.8 | 42.6 | 13.6 | 13.3 |
| Gross profit | 507.8 | 339.9 | 311.7 | 323.4 | 323.0 | 228.3 | 164.1 | 161.2 |
| Gross margin | 113.7% | 101.4% | 102.1% | 107.9% | 110.9% | 84.3% | 92.3% | 92.4% |
| Selling, general and administrative [+] | 32.4 | 20.9 | 19.7 | 20.4 | 22.7 | 19.7 | 11.2 | 11.3 |
| General and administrative | 32.4 | 20.9 | 19.7 | 20.4 | 22.7 | 19.7 | 11.2 | 11.3 |
| Other operating expenses | 147.7 | 105.5 | 92.4 | 89.8 | 101.4 | 5.9 | 17.5 | 18.5 |
| EBITDA [+] | 325.2 | 211.3 | 197.5 | 211.7 | 197.9 | 202.3 | 135.3 | 131.4 |
| EBITDA growth | 53.9% | 7.0% | -6.7% | 7.0% | -2.2% | 49.6% | 2.9% | -5.4% |
| EBITDA margin | 72.9% | 63.1% | 64.7% | 70.6% | 68.0% | 74.7% | 76.1% | 75.3% |
| Depreciation | 109.0 | 90.6 | 88.8 | 78.4 | 84.5 | 85.2 | 66.8 | 66.9 |
| EBITA | 216.3 | 120.7 | 108.7 | 133.3 | 113.4 | 117.2 | 68.4 | 64.5 |
| EBITA margin | 48.4% | 36.0% | 35.6% | 44.5% | 39.0% | 43.2% | 38.5% | 37.0% |
| Amortization of intangibles | 84.4 | 37.6 | 46.5 | 44.8 | 54.4 | 68.5 | 34.2 | 34.6 |
| EBIT [+] | 131.9 | 83.1 | 62.2 | 88.5 | 59.0 | 48.7 | 34.2 | 29.9 |
| EBIT growth | 58.6% | 33.7% | -29.8% | 50.1% | 21.2% | 42.4% | 14.4% | -34.3% |
| EBIT margin | 29.5% | 24.8% | 20.4% | 29.5% | 20.3% | 18.0% | 19.2% | 17.1% |
| Non-recurring items [+] | 98.8 | 37.7 | 16.6 | 10.0 | 30.5 | 35.2 | 34.4 | -3.3 |
| Asset impairment | 97.3 | 33.3 | 12.9 | 2.4 | 21.1 | 25.0 | 27.3 | |
| Loss (gain) on disposal of assets | | | | | | | | -5.5 |
| Interest expense | 118.9 | 81.8 | 78.5 | 78.0 | 66.8 | 60.3 | 54.3 | 40.9 |
| Interest expense | 118.9 | 81.8 | 78.5 | 78.0 | 66.8 | 60.3 | 54.3 | 40.9 |
| Other income (expense), net [+] | 3.2 | -3.9 | 1.0 | 3.6 | 0.9 | 0.2 | 0.2 | -13.4 |
| Realized gain (loss) on investments | | | | | | | | -1.6 |
| Gain (loss) on debt retirement | | | | | | | | -7.6 |
| Gain (loss) on derivative instruments | 2.3 | -4.0 | 0.0 | | | | | |
| Write-off of deferred debt issuance costs | | | | | | | | -7.6 |
| Other non-operating income | 1.0 | 0.1 | 1.0 | 3.6 | 0.9 | 0.2 | 0.2 | 0.1 |
| Other | 1.0 | 0.1 | 1.0 | 3.6 | -0.9 | -0.2 | -0.2 | 1.4 |
| Pre-tax income | -82.6 | -40.2 | -31.9 | 4.2 | -37.5 | -46.6 | -54.3 | -21.1 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% |
| Minority interest | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | -0.1 | | |
| Net income | -105.9 | -63.4 | -46.7 | -3.1 | -37.4 | -46.5 | -54.3 | -21.1 |
| Net margin | -23.7% | -18.9% | -15.3% | -1.0% | -12.8% | -17.2% | -30.5% | -12.1% |
| |
| Basic EPS [+] | ($0.80) | ($0.55) | ($0.43) | ($0.03) | ($0.35) | ($0.47) | ($0.83) | ($0.32) |
| Growth | 45.8% | 27.7% | 1376.5% | -91.8% | -24.0% | -43.7% | 159.2% | 930.3% |
| Diluted EPS [+] | ($0.80) | ($0.55) | ($0.43) | ($0.03) | ($0.35) | ($0.47) | ($0.83) | ($0.32) |
| Growth | 45.8% | 27.7% | 1376.5% | -91.8% | -24.0% | -43.7% | 159.2% | 930.3% |
| |
| Dividends per share [+] | $0.85 | $0.85 | $0.70 | $1.10 | $1.10 | $1.47 | $1.65 | $1.65 |
| Growth | 0.0% | 21.4% | -36.4% | 0.0% | -25.2% | -10.9% | 0.0% | 136.6% |
| |
| Shares outstanding (basic) [+] | 132.0 | 115.4 | 108.4 | 106.4 | 105.6 | 99.6 | 65.5 | 66.0 |
| Growth | 14.4% | 6.5% | 1.9% | 0.8% | 5.9% | 52.3% | -0.9% | 2.6% |
| Shares outstanding (diluted) [+] | 132.0 | 115.4 | 108.4 | 106.4 | 105.6 | 99.6 | 65.5 | 66.0 |
| Growth | 14.4% | 6.5% | 1.9% | 0.8% | 5.9% | 52.3% | -0.9% | 2.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |