| 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 |
| Revenues: |
| Real Estate | 686.1 | 605.9 | 598.0 | 685.0 | 680.2 | 660.1 | 628.2 | 611.7 |
| Observatory | 106.0 | 41.6 | 29.1 | 128.8 | 131.2 | 127.1 | 124.8 | |
| Other | | | | | | | | 5.7 |
| Other | | | | | | | | 40.2 |
| Total revenues [+] | 727.0 | 624.1 | 609.2 | 731.3 | 731.5 | 709.5 | 677.4 | 657.6 |
| Tenant reimbursements | | | | | | | | 79.5 |
| Construction | | | | | | | | 2.0 |
| Management fees | | | | | | | | 2.1 |
| Lease / rental | | | | | 493.2 | 483.9 | 460.7 | 447.8 |
| Other real estate | | | | | | | | 14.0 |
| Revenue growth [+] | 16.5% | 2.4% | -16.7% | 0.0% | 3.1% | 4.7% | 3.0% | 3.5% |
| Real Estate | 13.2% | 1.3% | -12.7% | 0.7% | 3.1% | 5.1% | 2.7% | 10.5% |
| Observatory | 154.7% | 43.2% | -77.4% | -1.9% | 3.2% | 1.8% | | |
| Other | | | | | | | | -87.3% |
| Cost of goods sold [+] | 281.0 | 247.0 | 258.1 | 290.9 | 277.4 | 266.0 | 249.9 | 255.0 |
| Maintenance and operations costs | 157.9 | 127.0 | 136.1 | 175.0 | 167.4 | 163.5 | 153.9 | 158.6 |
| Real estate taxes and insurance | 123.1 | 120.0 | 121.9 | 115.9 | 110.0 | 102.5 | 96.1 | 93.2 |
| Construction and development costs | | | | | | | | 3.2 |
| Gross profit | 446.0 | 377.1 | 351.2 | 440.5 | 454.1 | 443.5 | 427.4 | 402.6 |
| Gross margin | 61.4% | 60.4% | 57.6% | 60.2% | 62.1% | 62.5% | 63.1% | 61.2% |
| Selling, general and administrative | 61.8 | 55.9 | 62.2 | 61.1 | 52.7 | 50.3 | 49.1 | 38.1 |
| Research and development | | | | | | 0.0 | 0.5 | 0.5 |
| Equity in earnings | | | | | | | | |
| Other operating expenses | 40.4 | 32.5 | 33.0 | 43.1 | 42.1 | 39.6 | 38.7 | 41.0 |
| EBITDA [+] | 343.9 | 288.7 | 255.9 | 336.3 | 359.4 | 353.6 | 339.2 | 323.0 |
| EBITDA growth | 19.1% | 12.8% | -23.9% | -6.4% | 1.6% | 4.2% | 5.0% | 11.3% |
| EBITDA margin | 47.3% | 46.3% | 42.0% | 46.0% | 49.1% | 49.8% | 50.1% | 49.1% |
| Depreciation and amortization | 216.9 | 201.8 | 191.0 | 181.6 | 168.5 | 160.7 | 155.2 | 171.5 |
| EBIT [+] | 127.0 | 86.9 | 64.9 | 154.7 | 190.9 | 192.9 | 184.0 | 151.6 |
| EBIT growth | 46.3% | 33.9% | -58.1% | -18.9% | -1.1% | 4.8% | 21.4% | 4.7% |
| EBIT margin | 17.5% | 13.9% | 10.6% | 21.2% | 26.1% | 27.2% | 27.2% | 23.0% |
| Non-recurring items | | 7.7 | 6.2 | | | | 0.1 | 0.2 |
| Interest expense, net [+] | 96.3 | 93.7 | 87.3 | 68.0 | 69.0 | 65.5 | 69.9 | 65.7 |
| Interest expense | 101.2 | 94.4 | 89.9 | 79.2 | 79.6 | 68.5 | 70.6 | 65.7 |
| Interest income | 4.9 | 0.7 | 2.6 | 11.3 | 10.7 | 2.9 | 0.6 | |
| Other income (expense), net [+] | 34.0 | -0.2 | -1.3 | | | -2.4 | -0.6 | -1.7 |
| Litigation settlement | | | -1.2 | | | | | |
| Gain (loss) on debt retirement | | -0.2 | -0.1 | | | -2.2 | -0.6 | -1.7 |
| Unrealized gain/loss on derivatives | | | | | | -0.3 | | |
| Pre-tax income | 64.8 | -14.8 | -29.9 | 86.7 | 121.9 | 124.9 | 113.4 | 83.9 |
| Income taxes | 1.5 | -1.7 | -7.0 | 2.4 | 4.6 | 6.7 | 6.1 | 3.9 |
| Tax rate | 2.4% | 11.7% | 23.3% | 2.8% | 3.8% | 5.3% | 5.4% | 4.7% |
| Minority interest | | | | | -50.7 | -54.7 | -54.9 | -45.3 |
| Net income | 36.4 | -10.7 | -16.7 | 49.4 | 65.6 | 62.6 | 51.5 | 33.7 |
| Net margin | 5.0% | -1.7% | -2.7% | 6.8% | 9.0% | 8.8% | 7.6% | 5.1% |
| |
| Basic EPS [+] | $0.22 | ($0.06) | ($0.10) | $0.28 | $0.39 | $0.40 | $0.38 | $0.30 |
| Growth | -455.5% | -34.9% | -134.4% | -29.2% | -1.0% | 2.9% | 30.2% | 8.4% |
| Diluted EPS [+] | $0.13 | ($0.04) | ($0.06) | $0.17 | $0.22 | $0.21 | $0.37 | $0.13 |
| Growth | -449.6% | -34.4% | -135.5% | -24.8% | 5.0% | -43.3% | 193.1% | 20.7% |
| |
| Dividends per share [+] | $0.14 | $0.11 | $0.21 | $0.42 | $0.42 | $0.42 | $0.40 | $0.34 |
| Growth | 33.3% | -50.0% | -50.0% | 0.0% | 0.0% | 5.0% | 17.6% | 0.0% |
| |
| Shares outstanding (basic) [+] | 165.0 | 172.4 | 175.2 | 178.3 | 167.6 | 158.4 | 133.9 | 114.2 |
| Growth | -4.3% | -1.6% | -1.8% | 6.4% | 5.8% | 18.3% | 17.2% | 16.6% |
| Shares outstanding (diluted) [+] | 269.9 | 277.4 | 283.8 | 297.8 | 297.3 | 298.0 | 138.8 | 266.6 |
| Growth | -2.7% | -2.3% | -4.7% | 0.2% | -0.3% | 114.8% | -47.9% | 4.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |