Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

The following tables present a summary of comparative results and assets for these business segments (in thousands):



	Three Months Ended March 31,
	2016			2015
Net Lease
Revenues	$	93,405		$	85,403
Operating expenses	(36,218		)	(32,800		)
Interest expense	(22,133		)	(20,448		)
Other income and expenses, excluding interest expense	2,756			3,746
Provision for income taxes	(1,775		)	(544		)
Gain on sale of real estate, net of tax	—			2,197
Net income attributable to noncontrolling interests	(3,526		)	(3,200		)
Income attributable to CPA^®:17 – Global	$	32,509		$	34,354
Self-Storage
Revenues	$	12,061		$	11,048
Operating expenses	(7,862		)	(8,121		)
Interest expense	(1,892		)	(1,877		)
Other income and expenses, excluding interest expense	(2,932		)	(478		)
Provision for income taxes	(63		)	(46		)
Gain on sale of real estate, net of tax	25,398			—
Income attributable to CPA^®:17 – Global	$	24,710		$	526
All Other
Revenues	$	1,760		$	2,299
Operating expenses	(35		)	(1,109		)
Interest expense	(3		)	373
Other income and expenses, excluding interest expense	(95		)	309
Provision for income taxes	(4		)	(37		)
Income attributable to CPA^®:17 – Global	$	1,623		$	1,835
Corporate
Unallocated Corporate Overhead^(a)	$	(6,751	)	$	(16,071	)
Net income attributable to noncontrolling interests – Available Cash Distributions	$	(6,668	)	$	(6,064	)
Total Company
Revenues	$	107,226		$	98,750
Operating expenses	(56,205		)	(54,108		)
Interest expense	(24,611		)	(22,025		)
Other income and expenses, excluding interest expense	5,712			(179		)
Provision for income taxes	(1,903		)	(791		)
Gain on sale of real estate, net of tax	25,398			2,197
Net income attributable to noncontrolling interests	(10,194		)	(9,264		)
Income attributable to CPA^®:17 – Global	$	45,423		$	14,580


(a)	Included in unallocated corporate overhead are asset management fees, and general and administrative expenses, as well as interest expense and other charges related to our Senior Credit Facility. These expenses are calculated and reported at the portfolio level and not evaluated as part of any segment’s operating performance.