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Pro Forma Condensed Consolidated Statements of Operations (Unaudited)
12 Months Ended
Dec. 31, 2011
Pro Forma Condensed Consolidated Statements of Operations (Unaudited)
20. Pro Forma Condensed Consolidated Statements of Operations (Unaudited)

The accompanying unaudited Pro Forma Condensed Consolidated Statements of Operations are presented as if, at January 1, 2010, the Company acquired the three properties which were purchased during 2010 and 2011 and which have been accounted for as a business combination for financial accounting purposes (property leased to Cooper Tire & Rubber Company purchased in December 2010, property leased to a subsidiary of AMEC plc purchased in June 2011, and property leased to a subsidiary of Lowe’s Companies, Inc. purchased in November 2011). Earnings per share are presented using the weighted average shares outstanding during the relevant periods. In management's opinion, all adjustments necessary to reflect the effects of the above transactions have been made.

 

The unaudited Pro Forma Condensed Consolidated Statements of Operations are not necessarily indicative of what the actual results of operations would have been assuming the acquisition transactions had occurred at the date indicated above, nor do they purport to represent our future results of operations.

 

    For the twelve months
ended December 31,
 
    2011     2010  
Total revenues   $ 165,662     $ 170,609  
Loss from continuing operations allocable to common stockholders     (11,397 )     (10,460 )
Loss per basic and diluted common share from continuing operations     (0.18 )     (0.29 )
Net loss allocable to common stockholders     (7,471 )     (16,253 )
Net loss per basic and diluted common share     (0.12 )     (0.29 )