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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Data center revenue:        
Rental revenue $ 66,657 $ 54,219 $ 195,761 $ 156,954
Power revenue 35,110 28,844 98,381 80,819
Interconnection revenue 16,201 13,374 46,038 39,093
Tenant reimbursement and other 2,185 2,826 6,790 6,982
Office, light-industrial and other revenue 2,915 2,011 8,905 5,996
Total operating revenues 123,068 101,274 355,875 289,844
Operating expenses:        
Property operating and maintenance 37,091 28,283 98,098 78,522
Real estate taxes and insurance 2,622 3,524 10,950 9,659
Depreciation and amortization 32,077 26,981 96,622 77,978
Sales and marketing 4,643 4,465 13,560 13,187
General and administrative 9,759 9,432 27,391 26,970
Rent 6,077 5,967 17,970 16,718
Transaction Costs   117 139 126
Total operating expenses 92,269 78,769 264,730 223,160
Operating income 30,799 22,505 91,145 66,684
Interest expense (6,447) (3,188) (17,512) (7,879)
Income before income taxes 24,352 19,317 73,633 58,805
Income tax benefit (expense) (64) 2 (150) (45)
Net income 24,288 19,319 73,483 58,760
Net income attributable to noncontrolling interests 6,446 5,055 19,537 17,031
Net income attributable to CoreSite Realty Corporation 17,842 14,264 53,946 41,729
Preferred stock dividends (2,084) (2,084) (6,253) (6,253)
Net income attributable to common shares $ 15,758 $ 12,180 $ 47,693 $ 35,476
Net income per share attributable to common shares:        
Basic (in dollars per share) $ 0.47 $ 0.36 $ 1.41 $ 1.11
Diluted (in dollars per share) $ 0.46 $ 0.36 $ 1.40 $ 1.10
Weighted average common shares outstanding        
Basic (in shares) 33,878,881 33,425,762 33,758,971 31,906,000
Diluted (in shares) 34,114,169 33,912,155 34,033,842 32,361,367