XML 52 R39.htm IDEA: XBRL DOCUMENT v3.4.0.3
Segment Information (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
item
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Segment Information.      
Number of segments | item 2    
Rental income $ 63,611 $ 62,659  
Expenses:      
Real estate taxes 7,653 7,410  
Utility expenses 4,174 4,571  
Other operating expenses 12,911 12,210  
Depreciation and amortization 18,324 17,215  
Acquisition related costs 152 6  
General and administrative 3,526 4,004  
Total expenses 46,740 45,416  
Operating income (loss) 16,871 17,243  
Interest income 6 12  
Interest expense (9,364) (9,302)  
Gain on early extinguishment of debt 104    
Loss on issuance of shares by Select Income REIT   (40,771)  
Income (loss) from continuing operations before income taxes and equity in earnings (losses) of investees 7,617 (32,818)  
Income tax expense (15) (30)  
Equity in earnings (losses) of investees 9,934 (316)  
Income (loss) from continuing operations 17,536 (33,164)  
Loss from discontinued operations (149) (206)  
Net income (loss) 17,387 (33,370)  
Total assets 2,259,395   $ 2,168,510
Operating Segments | Investment in Real Estate      
Segment Information.      
Rental income 63,611 62,659  
Expenses:      
Real estate taxes 7,653 7,410  
Utility expenses 4,174 4,571  
Other operating expenses 12,911 12,210  
Depreciation and amortization 18,324 17,215  
Acquisition related costs 152 6  
Total expenses 43,214 41,412  
Operating income (loss) 20,397 21,247  
Interest expense (8,269) (2,267)  
Gain on early extinguishment of debt 104    
Income (loss) from continuing operations before income taxes and equity in earnings (losses) of investees 12,232 18,980  
Income (loss) from continuing operations 12,232 18,980  
Loss from discontinued operations (149) (206)  
Net income (loss) 12,083 18,774  
Total assets 1,708,910   1,639,462
Operating Segments | Investment in SIR      
Expenses:      
Loss on issuance of shares by Select Income REIT   (40,771)  
Income (loss) from continuing operations before income taxes and equity in earnings (losses) of investees   (40,771)  
Equity in earnings (losses) of investees 9,857 (388)  
Income (loss) from continuing operations 9,857 (41,159)  
Net income (loss) 9,857 (41,159)  
Total assets 493,259   491,369
Corporate, Non-Segment      
Expenses:      
General and administrative 3,526 4,004  
Total expenses 3,526 4,004  
Operating income (loss) (3,526) (4,004)  
Interest income 6 12  
Interest expense (1,095) (7,035)  
Income (loss) from continuing operations before income taxes and equity in earnings (losses) of investees (4,615) (11,027)  
Income tax expense (15) (30)  
Equity in earnings (losses) of investees 77 72  
Income (loss) from continuing operations (4,553) (10,985)  
Net income (loss) (4,553) $ (10,985)  
Total assets $ 57,226   $ 37,679