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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Rental $ 137,718 $ 116,052 $ 403,280 $ 342,071
Tenant recoveries 45,572 38,691 128,198 110,125
Other Income 2,325 3,572 6,725 10,132
Total revenues 185,615 158,315 538,203 462,328
Expenses:        
Rental operations 57,423 47,684 162,283 139,147
General and administrative 12,609 11,666 39,669 35,769
Interest 20,555 16,171 57,111 50,169
Depreciation and amortization 58,388 48,866 166,123 141,039
Gains (Losses) on Extinguishment of Debt 525 1,432 525 1,992
Total expenses 149,500 125,819 425,711 368,116
Income from continuing operations 36,115 32,496 112,492 94,212
Income from discontinued operations:        
(Loss) income from discontinued operations (180) [1] (43) [1] (489) [1] 1,043 [1]
Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes 8 0 805 772
Net income 35,943 32,453 112,808 96,027
Dividends on preferred stock (6,471) (6,472) (19,414) (19,414)
Net income attributable to noncontrolling interests (1,340) (960) (3,842) (2,922)
Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted (506) (442) (1,285) (1,187)
Net Income (Loss) Available to Common Stockholders, Basic $ 27,626 $ 24,579 $ 88,267 $ 72,504
Earnings per share attributable to Alexandria’s common stockholders – basic and diluted:        
Continuing operations $ 0.39 $ 0.35 $ 1.25 $ 1.06
Discontinued operations $ 0.00 $ 0.00 $ (0.01) $ 0.02
Earnings per share – basic and diluted $ 0.39 $ 0.35 $ 1.24 $ 1.08
Common Stock, Dividends, Per Share, Declared $ 0.72 $ 0.68 $ 2.14 $ 1.93
[1] includes the results of operations of four properties that were classified as “held for sale” as of September 30, 2014, as well as the results of operations (prior to disposition) and gain on sale of real estate attributable to seven properties sold during the period from January 1, 2013, to September 30, 2014. In October 2014, we completed the sale of one property which was classified as “held for sale” as of September 30, 2014.