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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Base rent $ 91,268 $ 82,533
Recoveries from tenants 45,295 38,694
Other revenues 2,921 2,922
Total revenues 139,484 124,149
Expenses:    
Property operating costs 40,191 35,955
Real estate taxes and insurance 5,010 5,316
Depreciation and amortization 28,207 25,843
General and administrative 6,812 5,575
Other expenses 2,705 2,349
Total expenses 82,925 75,038
Operating income 56,559 49,111
Interest:    
Expense incurred (11,459) (11,569)
Amortization of deferred financing costs (825) (845)
Net income 44,275 36,697
Net income attributable to redeemable noncontrolling interests – operating partnership (5,712) (5,478)
Net income attributable to controlling interests 38,563 31,219
Preferred stock dividends (3,333) (6,811)
Net income attributable to common shares 35,230 24,408
Net income attributable to common units $ 40,942 $ 29,886
Earnings per share – basic:    
Net income attributable to common shares $ 0.46 $ 0.36
Weighted average common shares outstanding 76,670,425 66,992,995
Earnings per share – diluted:    
Net income attributable to common shares $ 0.45 $ 0.36
Weighted average common shares outstanding 77,651,406 67,846,115
Dividends declared per common share $ 0.50 $ 0.47
Earnings per unit – basic:    
Net income attributable to common units 0.46 0.36
Earnings per unit – diluted:    
Net income attributable to common units $ 0.45 $ 0.36
DuPont Fabros Technology, L.P. [Member]    
Revenues:    
Base rent $ 91,268 $ 82,533
Recoveries from tenants 45,295 38,694
Other revenues 2,921 2,922
Total revenues 139,484 124,149
Expenses:    
Property operating costs 40,191 35,955
Real estate taxes and insurance 5,010 5,316
Depreciation and amortization 28,207 25,843
General and administrative 6,812 5,575
Other expenses 2,705 2,349
Total expenses 82,925 75,038
Operating income 56,559 49,111
Interest:    
Expense incurred (11,459) (11,569)
Amortization of deferred financing costs (825) (845)
Net income 44,275 36,697
Preferred stock dividends (3,333) (6,811)
Net income attributable to common units $ 40,942 $ 29,886
Earnings per unit – basic:    
Net income attributable to common units $ 0.46 $ 0.36
Weighted average common units outstanding 89,095,663 82,028,440
Earnings per unit – diluted:    
Net income attributable to common units $ 0.45 $ 0.36
Weighted average limited partnership units outstanding, diluted 90,076,644 82,881,560
Distributions declared per unit $ 0.50 $ 0.47