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Pro Forma Financial Information
6 Months Ended
Jun. 30, 2011
Pro Forma Financial Information [Abstract]  
Pro Forma Financial Information

Note 13. Pro Forma Financial Information

 

The following consolidated pro forma financial information has been presented as if the acquisitions that we made and the new financing that we obtained, since January 1, 2010 had occurred on January 1, 2010 for the three and six months ended June 30, 2010. Acquisitions during the three and six months ended June 30, 2011 were not significant individually or in the aggregate. The pro forma financial information is not necessarily indicative of what the actual results would have been, nor does it purport to represent the results of operations for future periods.

 

(Dollars in thousands, except per share amounts):

       
  Three Months Ended Six Months Ended
  June 30, 2010 June 30, 2010
       
Pro forma total revenues$ 25,855 $ 52,225
       
Pro forma net income (a)$ 10,942 $ 23,826
Less: Net income attributable to noncontrolling interests  (3,850)   (7,133)
Pro forma net income attributable to CPA®:17 – Global shareholders  7,092 $ 16,693
Pro forma earnings per share (a):      
 Net income attributable to CPA®:17 – Global shareholders  0.06 $ 0.15
       

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(a)       Pro forma net income includes actual interest income generated from the proceeds of our initial public offering. A portion of these proceeds was used to fund the investments included in the foregoing pro forma financial information.

 

The pro forma weighted average shares outstanding for the three and six months ended June 30, 2010 were determined as if all shares issued since our inception through June 30, 2010 were issued on January 1, 2010.