XML 57 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Rental Income $ 63,968 $ 56,280 $ 127,074 $ 111,700
Interest income from direct financing leases 13,678 13,424 27,216 26,782
Total lease revenues 77,646 69,704 154,290 138,482
Other real estate income 12,721 12,428 28,273 24,449
Other operating income 7,077 4,915 14,550 9,467
Other interest income 1,342 1,944 2,823 3,319
Gross Revenues 98,786 88,991 199,936 175,717
Operating Expenses        
Depreciation and amortization 25,616 22,816 51,456 45,692
Property expenses 15,974 12,599 32,143 23,571
Other real estate expenses 6,395 8,653 15,580 16,928
General and administrative 5,108 4,220 11,309 9,748
Acquisition expenses 272 724 1,401 1,795
Operating Expenses, Total 53,365 49,012 111,889 97,734
Other Income and Expenses        
Interest expense (23,264) (21,844) (46,593) (43,661)
Net income from equity investments in real estate 10,974 1,733 7,725 2,867
Other income and (expenses) 946 1,358 1,898 6,154
Nonoperating income expense (11,344) (18,753) (36,970) (34,640)
Income from continuing operations before income taxes 34,077 21,226 51,077 43,343
Provision for income taxes (2,664) (754) (3,361) (1,570)
Income from continuing operations 31,413 20,472 47,716 41,773
Income from discontinued operations, net of tax 0 263 0 492
Gain on sale of real estate, net of tax 12,548 0 12,548 581
Net Income 43,961 20,735 60,264 42,846
Net income attributable to noncontrolling interests (inclusive of Available Cash Distributions to advisor of $4,590, $4,847, $9,269, and $9,124, respectively) (7,640) (7,932) (15,317) (15,219)
Net income attributable to CPA:17 - Global 36,321 12,803 44,947 27,627
Earnings Per Share        
Income from continuing operations attributable to CPA:17 - Global (usd per share) $ 0.11 $ 0.04 $ 0.14 $ 0.09
Income from discontinued operations attributable to CPA:17 - Global (usd per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income attributable to CPA:17 - Global (usd per share) $ 0.11 $ 0.04 $ 0.14 $ 0.09
Weighted Average Shares Outstanding 322,723,562 311,521,333 321,240,449 310,252,815
Amounts Attributable To CPA:17 - Global        
Income from continuing operations, net of tax 36,321 12,540 44,947 27,135
Income from discontinued operations, net of tax 0 263 0 492
Net income attributable to CPA:17 - Global $ 36,321 $ 12,803 $ 44,947 $ 27,627
Distributions Declared Per Share $ 0.1625 $ 0.1625 $ 0.3250 $ 0.3250