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Property Acquisitions (Tables)
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of Pro Forma Information
The following table summarizes, on an unaudited pro forma basis, the results of operations of 388-390 Greenwich Street, which are included in the consolidated statement of income, and our consolidated results of operations for the three and nine months ended September 30, 2014 and 2013 as though the acquisition of our joint venture partner's interest in 388-390 Greenwich Street was completed on January 1, 2013. The supplemental pro forma data is not necessarily indicative of what the actual results of operations would have been assuming the transactions had been completed as set forth above, nor do they purport to represent our results of operations for future periods.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per share amounts)
 
2014
 
2013
 
2014
 
2013
Actual revenues since acquisition
 
$
28,481

 
 
 
$
43,378

 
 
Actual net income since acquisition
 
9,213

 
 
 
86,057

 
 
Pro forma revenues
 
390,393

 
366,235

 
1,175,593

 
1,102,973

Pro forma income from continuing operations
 
40,576

 
27,361

 
255,713

 
149,764

Pro forma basic earnings per share
 
0.68

 
0.44

 
4.02

 
1.52

Pro forma diluted earnings per share
 
0.68

 
0.44

 
4.00

 
1.52

Pro forma basic earnings per unit
 
0.68

 
0.44

 
4.02

 
1.52

Pro forma diluted earnings per unit
 
0.68

 
0.44

 
4.00

 
1.52

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(1)
The pro forma income from continuing operations for the three and nine months ended September 30, 2014 and 2013 includes the effect of the new financing necessary to complete the acquisition and the preliminary allocation of purchase price in connection with the changes in depreciation and amortization. In addition, the pro forma income from continuing operations for the nine months ended September 30, 2013 was adjusted to include the purchase price fair value adjustment, as though the acquisition was completed on January 1, 2013. The pro forma income from continuing operations for the three and nine months ended September 30, 2014 excludes this purchase price fair value adjustment.