(Dollars in thousands, except per share amounts)



	Three Months Ended
	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Revenues	$	101,149		$	98,786		$	97,987		$	98,784
Expenses	58,523			53,365			52,186			57,152
Net income ^(a)	16,478			42,246			19,482			28,787
Net income attributable to noncontrolling interests	(7,677		)	(7,640		)	(9,193		)	(8,332		)
Net income attributable to CPA^®:17 – Global ^(b)	$	8,801		$	34,606		$	10,289		$	20,455

Earnings per share attributable to CPA^®:17 – Global ^(b)	$	0.03		$	0.11		$	0.03		$	0.06
Distributions declared per share	$	0.1625		$	0.1625		$	0.1625		$	0.1625

	Three Months Ended
	March 31, 2013			June 30, 2013			September 30, 2013			December 31, 2013
Revenues	$	86,798		$	89,082		$	91,209		$	95,683
Expenses	48,752			49,038			58,649			60,393
Net income	21,186			21,256			13,788			11,419
Net income attributable to noncontrolling interests	(7,280		)	(7,926		)	(6,508		)	(7,221		)
Net income attributable to CPA^®:17 – Global ^(b)	$	13,906		$	13,330		$	7,280		$	4,198

Earnings per share attributable to CPA^®:17 – Global ^(b)	$	0.05		$	0.04		$	0.02		$	0.01
Distributions declared per share	$	0.1625		$	0.1625		$	0.1625		$	0.1625

__________


(a)	Amount for the three months ended June 30, 2014 includes a gain on sale of real estate of $12.5 million recognized in connection with the I Shops Partial Sale (Note 5).

(b)

In the course of preparing our 2014 consolidated financial statements, we discovered an error related to our accounting for a subsidiary’s functional currency. We corrected this error, and other errors previously recorded as out-of-period adjustments, and revised our consolidated financial statements for all prior periods impacted (Note 2). These errors resulted in an increase (decrease) to both Net income and Net income attributable to CPA^®:17 – Global of $0.2 million, $(1.7) million and $(4.9) million for the three months ended March 31, 2014, June 30, 2014, and September 30, 2014, respectively, and a decrease to Earnings per share attributable to CPA^®:17 – Global of $0.02 for the three months ended September 30, 2014. These errors also resulted in a (decrease) increase to Net income of $(0.9) million, $0.5 million, $2.2 million, and $(3.4) million, Net income attributable to CPA^®:17 – Global of $(0.9) million, $0.5 million, $2.3 million and $(3.0) million for the three months ended March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013, respectively, and a decrease to Earnings per share attributable to CPA^®:17 – Global of $0.01 for the three months ended December 31, 2013. There were no impacts to Earnings per share attributable to CPA^®:17 – Global in any other periods. In our quarterly reports for the periods ending March 31, 2015, June 30, 2015, and September 30, 2015 we will revise the presentation of the periods ended March 31, 2014, June 30, 2014, and September 30, 2014 to reflect these revision adjustments.