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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Lease revenues:      
Rental income $ 309,233 $ 298,775 $ 271,523
Interest income from direct financing leases 58,399 58,066 55,669
Total lease revenues 367,632 356,841 327,192
Other real estate income 40,309 46,623 49,562
Other operating income 27,875 30,224 36,591
Other interest income 11,838 6,674 13,602
Gross Revenues 447,654 440,362 426,947
Operating Expenses      
Depreciation and amortization 115,630 122,259 106,732
Property expenses 75,209 70,728 72,514
Other real estate expenses 17,827 17,642 19,595
General and administrative 15,358 16,310 18,377
Impairment charges 8,959 29,706 1,023
Acquisition and other expenses 1,343 7,157 651
Operating Expenses, Total 234,326 263,802 218,892
Other Income and Expenses      
Interest expense (88,270) (98,813) (93,551)
Other income and (expenses) 23,231 (1,728) 1,912
(Loss) gain on change in control of interests (13,851) 49,922 0
Loss on extinguishment of debt (1,922) (24,376) (275)
Equity in earnings of equity method investments in real estate 261 3,262 14,667
Nonoperating income expense (80,551) (71,733) (77,247)
Income before income taxes and gain on sale of real estate 132,777 104,827 130,808
Benefit from (provision for) income taxes 513 (8,477) (8,885)
Income before gain on sale of real estate, net of tax 133,290 96,350 121,923
Gain on sale of real estate, net of tax 2,879 132,858 2,197
Net Income 136,169 229,208 124,120
Net income attributable to noncontrolling interests (inclusive of Available Cash Distributions to a related party of $26,675, $24,765, and $24,668, respectively) (38,882) (38,863) (39,915)
Net Income Attributable to CPA:17 – Global $ 97,287 $ 190,345 $ 84,205
Basic and Diluted Earnings Per Share (usd per share) $ 0.28 $ 0.56 $ 0.25
Basic and Diluted Weighted-Average Shares Outstanding, shares 348,329,966 342,147,444 334,468,363