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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Rental revenue $ 244,485 $ 207,193
Tenant recoveries 73,170 61,346
Other income 2,484 2,338
Total revenues 320,139 270,877
Expenses:    
Rental operations 91,771 77,087
General and administrative 22,421 19,229
Interest 36,915 29,784
Depreciation and amortization 114,219 97,183
Loss on early extinguishment of debt 0 670
Total expenses 265,326 223,953
Equity in earnings of unconsolidated real estate joint ventures 1,144 361
Investment income, adoption of new ASU 85,561 0
Gain (loss) on sale of real estate - rental properties 0 270
Net income 141,518 47,555
Net income attributable to noncontrolling interests (5,888) (5,844)
Net income attributable to Alexandria Real Estate Equities, Inc.’s stockholders 135,630 41,711
Dividends on preferred stock (1,302) (3,784)
Preferred stock redemption charge 0 (11,279)
Net income attributable to unvested restricted stock awards (1,941) (987)
Net income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ 132,387 $ 25,661
Earnings per share attributable to Alexandria’s common stockholders – basic and diluted:    
Earnings per share – basic (usd per share) $ 1.33 $ 0.29
Earnings per shares - diluted (usd per share) 1.32 0.29
Dividends declared per share of common stock (dollar per share) $ 0.90 $ 0.83