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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Data center revenue:        
Rental revenue $ 64,853 $ 52,364 $ 129,104 $ 102,735
Power revenue 32,410 26,401 63,271 51,975
Interconnection revenue 15,325 12,977 29,837 25,719
Tenant reimbursement and other 2,329 2,326 4,605 4,156
Office, light-industrial and other revenue 2,969 2,022 5,990 3,985
Total operating revenues 117,886 96,090 232,807 188,570
Operating expenses:        
Property operating and maintenance 31,781 25,576 61,007 50,239
Real estate taxes and insurance 3,824 3,070 8,328 6,135
Depreciation and amortization 32,207 26,227 64,545 50,997
Sales and marketing 4,414 4,501 8,917 8,722
General and administrative 9,508 8,818 17,632 17,538
Rent 5,931 5,334 11,893 10,751
Transaction Costs 139 6 139 9
Total operating expenses 87,804 73,532 172,461 144,391
Operating income 30,082 22,558 60,346 44,179
Interest expense (5,958) (2,680) (11,065) (4,691)
Income before income taxes 24,124 19,878 49,281 39,488
Income tax benefit (expense) 11 (43) (86) (47)
Net income 24,135 19,835 49,195 39,441
Net income attributable to noncontrolling interests 6,407 5,715 13,091 11,976
Net income attributable to CoreSite Realty Corporation 17,728 14,120 36,104 27,465
Preferred stock dividends (2,085) (2,085) (4,169) (4,169)
Net income attributable to common shares $ 15,643 $ 12,035 $ 31,935 $ 23,296
Net income per share attributable to common shares:        
Basic (in dollars per share) $ 0.46 $ 0.38 $ 0.95 $ 0.75
Diluted (in dollars per share) $ 0.46 $ 0.37 $ 0.94 $ 0.74
Weighted average common shares outstanding        
Basic (in shares) 33,835,727 32,022,845 33,698,022 31,137,769
Diluted (in shares) 34,053,816 32,435,606 34,009,930 31,554,157