XML 56 R45.htm IDEA: XBRL DOCUMENT v3.19.2
Discontinued Operations - Summarized Income (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Tenant reimbursements and other income $ 21,540   $ 43,663  
Total revenues 176,032 $ 108,085 350,809 $ 216,802
Real estate taxes 18,147 12,365 36,539 25,330
Other operating expenses 29,692 21,599 59,828 44,436
Depreciation and amortization 73,913 42,671 151,434 86,875
General and administrative 8,744 4,449 17,467 14,055
Total expenses 140,444 86,786 288,385 189,203
Dividend income 980 304 1,960 608
Unrealized gain on equity securities (66,135) 10,321 (44,007) 23,252
Interest income 241 149 489 265
Interest expense (35,348) (23,304) (72,481) (46,070)
Loss on early extinguishment of debt (71) 0 (485) 0
Income before income tax expense and equity in earnings of an investee (64,762) 26,098 (30,025) 22,983
Income tax benefit (expense) 130 (83) (353) (115)
Equity in earnings of an investee (142) (629) (377) (1,206)
Net income attributed to SIR $ (64,774) $ 29,695 $ (30,755) $ 36,260
Weighted average common shares outstanding (basic) (in shares) 48,049 24,763 48,040 24,762
Weighted average common shares outstanding (diluted) (in shares) 48,049 24,766 48,040 24,763
Net income attributed to SIR per common share (basic and diluted) (in dollars per share) $ (1.35) $ 1.20 $ (0.64) $ 1.45
SIR | SIR        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Rental income   $ 96,415   $ 196,170
Tenant reimbursements and other income   19,592   40,466
Total revenues   116,007   236,636
Real estate taxes   12,442   24,230
Other operating expenses   13,618   28,900
Depreciation and amortization   35,009   69,955
General and administrative   18,081   32,022
Write-off of straight line rent receivable, net   10,626   10,626
Total expenses   89,776   165,733
Dividend income   396   793
Unrealized gain on equity securities   13,488   30,388
Interest income   110   620
Interest expense   (22,667)   (46,159)
Loss on early extinguishment of debt   0   (1,192)
Income before income tax expense and equity in earnings of an investee   17,558   55,353
Income tax benefit (expense)   (101)   (261)
Equity in earnings of an investee   7   51
Net income   17,464   55,143
Net income allocated to noncontrolling interest   (5,765)   (10,244)
Net income attributed to SIR   $ 11,699   $ 44,899
Weighted average common shares outstanding (basic) (in shares)   89,393   89,388
Weighted average common shares outstanding (diluted) (in shares)   89,416   89,398
Net income attributed to SIR per common share (basic and diluted) (in dollars per share)   $ 0.13   $ 0.50