XML 74 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Dec. 31, 2014
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:          
Rental   $ 155,311 $ 137,718 $ 450,724 $ 403,280
Tenant recoveries   56,119 45,572 154,107 128,198
Other income   7,180 2,325 14,688 6,725
Total revenues   218,610 185,615 619,519 538,203
Expenses:          
Rental operations   68,846 57,423 192,319 162,283
General and administrative   15,143 12,609 44,519 39,669
Interest   27,679 20,555 77,583 57,111
Depreciation and amortization   67,953 58,388 189,044 166,123
Impairment of real estate $ 16,600 0 0 14,510 0
Loss on early extinguishment of debt   0 525 189 525
Total expenses   179,621 149,500 518,164 425,711
Equity in earnings of unconsolidated joint ventures   710 0 1,825 0
Income from continuing operations   39,699 36,115 103,180 112,492
Loss from discontinued operations   0 (180) (43) (489)
Gain on sales of real estate – land parcels   0 8 0 805
Net income   39,699 35,943 103,137 112,808
Dividends on preferred stock   (6,247) (6,471) (18,740) (19,414)
Net income attributable to noncontrolling interests   (170) (1,340) (925) (3,842)
Net income attributable to unvested restricted stock awards   (623) (506) (1,736) (1,285)
Net income attributable to Alexandria’s common stockholders   $ 32,659 $ 27,626 $ 81,736 $ 88,267
Earnings per share attributable to Alexandria’s common stockholders – basic and diluted:          
Continuing operations (usd per share)   $ 0.46 $ 0.39 $ 1.14 $ 1.25
Discontinued operations (usd per share)   0.00 0.00 0.00 (0.01)
Earnings per share – basic and diluted (usd per share)   0.46 0.39 1.14 1.24
Dividends declared per share of common stock (usd per share)   $ 0.77 $ 0.72 $ 2.28 $ 2.14