XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue        
Rental income $ 28,325 $ 16,991 $ 54,479 $ 32,089
Tenant recoveries 3,480 2,019 7,142 4,005
Other income 262 330 658 651
Total revenue 32,067 19,340 62,279 36,745
Expenses        
Property 2,316 1,275 5,013 2,768
General and administrative 4,477 3,308 8,983 6,306
Real estate taxes and insurance 3,263 1,615 5,896 2,972
Property acquisition costs 1,269 1,149 1,845 1,441
Depreciation and amortization 16,397 9,153 31,947 17,874
Loss on impairment   622   622
Other expenses 161 9 245 60
Total expenses 27,883 17,131 53,929 32,043
Other income (expense)        
Interest income 3 4 6 8
Interest expense (4,846) (4,126) (9,497) (8,218)
Gain on interest rate swaps       215
Offering costs (27) (68) (27) (68)
Gain on extinguishment of debt   18   18
Total other income (expense) (4,870) (4,172) (9,518) (8,045)
Net loss from continuing operations (686) (1,963) (1,168) (3,343)
Discontinued operations        
Income attributable to discontinued operations 38 216 102 235
Gain on sales of real estate 464 219 464 219
Total income attributable to discontinued operations 502 435 566 454
Net loss (184) (1,528) (602) (2,889)
Less: loss attributable to noncontrolling interest (357) (887) (623) (1,853)
Net income (loss) attributable to STAG Industrial, Inc. 173 (641) 21 (1,036)
Less: preferred stock dividends 2,519 1,553 4,071 3,106
Less: amount allocated to unvested restricted stockholders 64 41 133 41
Net loss attributable to common stockholders $ (2,410) $ (2,235) $ (4,183) $ (4,183)
Weighted average common shares outstanding - basic and diluted (in shares) 42,006,954 19,484,785 41,265,070 17,654,706
Loss per share - basic and diluted        
Loss from continuing operations attributable to common stockholders (in dollars per share) $ (0.07) $ (0.13) $ (0.11) $ (0.26)
Income from discontinued operations attributable to common stockholders (in dollars per share) $ 0.01 $ 0.02 $ 0.01 $ 0.02
Loss per share - basic and diluted (in dollars per share) $ (0.06) $ (0.11) $ (0.10) $ (0.24)