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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Lease revenues:      
Rental income $ 271,523 $ 254,658 $ 231,652
Interest income from direct financing leases 55,669 54,517 53,736
Total lease revenues 327,192 309,175 285,388
Other real estate income 49,562 53,107 51,898
Other operating income 36,591 28,536 19,050
Other interest income 13,602 5,888 6,436
Gross Revenues 426,947 396,706 362,772
Operating Expenses      
Depreciation and amortization 106,732 102,167 93,742
Property expenses 72,514 66,402 52,242
Other real estate expenses 19,595 24,665 33,548
General and administrative 18,377 22,253 20,416
Impairment charges 1,023 570 0
Acquisition expenses 651 5,169 16,884
Operating Expenses, Total 218,892 221,226 216,832
Other Income and Expenses      
Equity in earnings (losses) of equity method investments in real estate 14,667 24,073 (9,500)
Other income and (expenses) 1,637 (2,172) 13,186
Interest expense (93,551) (93,001) (88,656)
Nonoperating income expense (77,247) (71,100) (84,970)
Income from continuing operations before income taxes and gain on sale of real estate 130,808 104,380 60,970
Provision for income taxes (8,885) (10,725) (1,467)
Income from continuing operations before gain on sale of real estate, net of tax 121,923 93,655 59,503
Income from discontinued operations, net of tax 0 0 7,487
Gain on sale of real estate, net of tax 2,197 13,338 659
Net Income 124,120 106,993 67,649
Net income attributable to noncontrolling interests (inclusive of Available Cash Distributions to a related party of $24,668, $20,427, and $16,899, respectively) (39,915) (32,842) (28,935)
Net income attributable to CPA®:17 – Global $ 84,205 $ 74,151 $ 38,714
Basic and Diluted Earnings Per Share      
Income from continuing operations attributable to CPA®:17 – Global (usd per share) $ 0.25 $ 0.23 $ 0.10
Income from discontinued operations attributable to CPA®:17 – Global (usd per share) 0.00 0.00 0.02
Net income attributable to CPA®:17 – Global (usd per share) $ 0.25 $ 0.23 $ 0.12
Basic and Diluted Weighted-Average Shares Outstanding, shares 334,468,363 324,117,508 313,010,828
Amounts Attributable to CPA®:17 – Global      
Income from continuing operations, net of tax $ 84,205 $ 74,151 $ 31,227
Income from discontinued operations, net of tax 0 0 7,487
Net income attributable to CPA®:17 – Global $ 84,205 $ 74,151 $ 38,714