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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Revenues $ 391,141 $ 372,914
Operating expenses:    
Depreciation, depletion, and amortization 29,408 29,408
Selling, general and administrative 31,947 24,770
Total operating expenses 355,209 336,128
Operating income 35,932 36,786
Other (expense) income:    
Loss from partially owned entities (139) (27)
Interest expense (24,495) (27,727)
Interest income 623 257
Loss on debt extinguishment and modification (21,385) (171)
Foreign currency exchange gain (loss) 680 (2,773)
Other income (expense), net 56 (467)
(Loss) income before income tax (8,728) 5,878
Income tax (expense) benefit:    
Current (1,067) (2,242)
Deferred 1,156 748
Total income tax benefit (expense) 89 (1,494)
Net (loss) income (8,639) 4,384
Less distributions on preferred shares of beneficial interest - Series A (1) 0
Less distributions on preferred shares of beneficial interest - Series B (1,817) (7,109)
Less accretion on preferred shares of beneficial interest – Series B 0 (220)
Net loss attributable to common shares of beneficial interest $ (10,457) $ (2,945)
Weighted average common shares outstanding – basic (in shares) 124,433 69,931
Weighted average common shares outstanding – diluted (in shares) 124,433 69,931
Net loss per common share of beneficial interest - basic (in USD per share) $ (0.08) $ (0.04)
Net loss per common share of beneficial interest - diluted (in USD per share) (0.08) (0.04)
Distributions declared per common share of beneficial interest (in USD per share) $ 0.15 $ 0.07
Operating Segments    
Revenues:    
Revenues $ 391,141 $ 372,914
Operating expenses:    
Operating income 97,287 90,964
Operating Segments | Rent, storage, and warehouse services revenues    
Revenues:    
Revenues 286,517 275,807
Operating expenses:    
Cost of operations 196,947 192,287
Operating income 89,570 83,520
Operating Segments | Third-party managed services    
Revenues:    
Revenues 63,876 58,367
Operating expenses:    
Cost of operations 60,099 55,379
Operating income 3,777 2,988
Operating Segments | Transportation services    
Revenues:    
Revenues 38,345 36,181
Operating expenses:    
Cost of operations 34,751 32,628
Operating income 3,594 3,553
Operating Segments | Other revenues    
Revenues:    
Revenues 2,403 2,559
Operating expenses:    
Cost of operations 2,057 1,656
Operating income $ 346 $ 903