Net income attributable to Alexandria Real Estate Equities, Inc.

9 Months Ended

Sep. 30, 2012

Net income attributable to Alexandria Real Estate Equities, Inc.

Net income attributable to Alexandria Real Estate Equities, Inc.

9.       Net income attributable to Alexandria Real Estate Equities, Inc.

The following table shows income from continuing and discontinued operations attributable to Alexandria Real Estate Equities, Inc. for the three and nine months ended September 30, 2012 and 2011 (in thousands):

	Three Months Ended September 30,						Nine Months Ended September  30,
	2012			2011			2012			2011
Income from continuing operations	$	24,086		$	31,144		$	74,621		$	92,006
Gain on sale of land parcel	–			46			1,864			46
Less: net income attributable to noncontrolling interests	(828		)	(966		)	(2,390		)	(2,833		)
Income from continuing operations attributable to Alexandria Real Estate Equities, Inc.	23,258			30,224			74,095			89,219
(Loss) income from discontinued operations:
Income from discontinued operations before impairment of real estate	4,018			2,799			10,035			8,873
Impairment of real estate	(9,799		)	(994		)	(9,799		)	(994		)
(Loss) income from discontinued operations, net	(5,781		)	1,805			236			7,879
Less: net income from discontinued operations attributable to noncontrolling interests	–			–			–			–
Net income attributable to Alexandria Real Estate Equities, Inc.	$	17,477		$	32,029		$	74,331		$	97,098