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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Rental income $ 248,549 $ 251,031 $ 226,910
Expenses:      
Real estate taxes 29,906 28,389 25,710
Utility expenses 17,916 19,369 17,116
Other operating expenses 50,425 45,982 41,134
Depreciation and amortization 68,696 66,593 55,699
Loss on impairment of real estate   2,016  
Acquisition related costs 811 1,344 2,439
General and administrative 14,826 15,809 12,710
Total expenses 182,580 179,502 154,808
Operating income 65,969 71,529 72,102
Dividend income 811    
Interest and other income 14 69 37
Interest expense (including net amortization of debt premiums and discounts and deferred financing fees of $1,376, $1,310, and $1,340, respectively) (37,008) (28,048) (16,831)
(Loss) gains on early extinguishment of debt 34 (1,307)  
Loss on distribution to common shareholders of The RMR Group Inc. common stock (12,368)    
Loss on issuance of shares by Select Income REIT (42,145) (53)  
Loss on impairment of Select Income REIT investment (203,297)    
Income (loss) from continuing operations before income taxes and equity in earnings of investees (227,990) 42,190 55,308
Income tax expense (86) (117) (133)
Equity in earnings of an investee 18,640 10,963 334
Income (loss) from continuing operations (209,436) 53,036 55,509
Income (loss) from discontinued operations (525) 3,498 (889)
Net income (loss) (209,961) 56,534 54,620
Other comprehensive income (loss):      
Unrealized loss on investment in available for sale securities (9,391)    
Equity in unrealized loss of investees (5,513) (12) (50)
Other comprehensive loss (14,904) (12) (50)
Comprehensive income (loss) $ (224,865) $ 56,522 $ 54,570
Weighted average common shares outstanding (basic) (in shares) 70,700 61,313 54,606
Weighted average common shares outstanding (diluted) (in shares) 70,700 61,399 54,685
Per common share amounts (basic and diluted):      
Income (loss) from continuing operations (basic) (in dollars per share) $ (2.96) $ 0.87 $ 1.02
Income (loss) from continuing operations (diluted) (in dollars per share) (2.96) 0.86 1.02
Income (loss) from discontinued operations (basic and diluted) (0.01) 0.06 (0.02)
Net income (loss) (basic and diluted) (in dollars per share) $ (2.97) $ 0.92 $ 1.00