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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Data center revenue:        
Rental revenue $ 54,219 $ 47,135 $ 156,954 $ 133,282
Power revenue 28,844 23,543 80,819 64,782
Interconnection revenue 13,374 11,400 39,093 32,210
Tenant reimbursement and other 2,826 2,357 6,982 6,049
Office, light-industrial and other revenue 2,011 1,947 5,996 6,050
Total operating revenues 101,274 86,382 289,844 242,373
Operating expenses:        
Property operating and maintenance 28,283 24,203 78,522 65,965
Real estate taxes and insurance 3,524 3,216 9,659 8,421
Depreciation and amortization 26,981 24,347 77,978 71,209
Sales and marketing 4,465 3,775 13,187 11,813
General and administrative 9,432 8,644 26,970 24,461
Rent 5,967 5,440 16,718 15,690
Transaction Costs 117 6 126 51
Total operating expenses 78,769 69,631 223,160 197,610
Operating income 22,505 16,751 66,684 44,763
Gain on real estate disposal       36
Interest income 34 1 35 5
Interest expense (3,222) (2,188) (7,914) (5,183)
Income before income taxes 19,317 14,564 58,805 39,621
Income tax expense 2 (34) (45) (149)
Net income 19,319 14,530 58,760 39,472
Net income attributable to noncontrolling interests 5,055 5,526 17,031 16,193
Net income attributable to CoreSite Realty Corporation 14,264 9,004 41,729 23,279
Preferred stock dividends (2,084) (2,084) (6,253) (6,253)
Net income attributable to common shares $ 12,180 $ 6,920 $ 35,476 $ 17,026
Net income per share attributable to common shares:        
Basic (in dollars per share) $ 0.36 $ 0.26 $ 1.11 $ 0.71
Diluted (in dollars per share) $ 0.36 $ 0.26 $ 1.10 $ 0.69
Weighted average common shares outstanding        
Basic (in shares) 33,425,762 26,126,332 31,906,000 24,029,106
Diluted (in shares) 33,912,155 26,549,537 32,361,367 24,544,612