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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Data center revenue:        
Rental revenue $ 47,135 $ 38,315 $ 133,282 $ 110,152
Power revenue 23,716 18,687 65,177 51,264
Interconnection revenue 11,400 9,169 32,210 25,819
Tenant reimbursement and other 2,357 2,328 6,049 6,711
Office, light-industrial and other revenue 1,947 2,016 6,050 5,982
Total operating revenues 86,555 70,515 242,768 199,928
Operating expenses:        
Property operating and maintenance 24,376 20,043 66,360 54,866
Real estate taxes and insurance 3,216 3,073 8,421 5,059
Depreciation and amortization 24,347 20,914 71,209 58,300
Sales and marketing 3,775 3,806 11,813 11,141
General and administrative 8,644 7,145 24,461 21,582
Rent 5,440 5,113 15,690 15,249
Impairment of internal-use software       1,959
Transaction costs 6 49 51 62
Total operating expenses 69,804 60,143 198,005 168,218
Operating income 16,751 10,372 44,763 31,710
Gain on real estate disposal     36  
Interest income 1 1 5 5
Interest expense (2,188) (1,361) (5,183) (3,949)
Income before income taxes 14,564 9,012 39,621 27,766
Income tax benefit (expense) (34) (22) (149) (20)
Net income 14,530 8,990 39,472 27,746
Net income attributable to noncontrolling interests 5,526 3,759 16,193 11,730
Net income attributable to CoreSite Realty Corporation 9,004 5,231 23,279 16,016
Preferred stock dividends (2,084) (2,084) (6,253) (6,253)
Net income attributable to common shares $ 6,920 $ 3,147 $ 17,026 $ 9,763
Net income per share attributable to common shares:        
Basic (in dollars per share) $ 0.26 $ 0.15 $ 0.71 $ 0.46
Diluted (in dollars per share) $ 0.26 $ 0.14 $ 0.69 $ 0.45
Weighted average common shares outstanding        
Basic (in shares) 26,126,332 21,214,825 24,029,106 21,113,700
Diluted (in shares) 26,549,537 21,708,759 24,544,612 21,679,931