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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Data center revenue:        
Rental revenue $ 124,130 $ 119,025 $ 244,609 $ 232,084
Interconnection revenue 18,776 17,422 37,192 33,982
Total operating revenues 142,906 136,447 281,801 266,066
Operating expenses:        
Property operating and maintenance 38,067 37,861 76,177 71,709
Real estate taxes and insurance 5,988 4,693 12,184 9,630
Depreciation and amortization 36,996 35,558 72,642 69,334
Sales and marketing 5,784 5,369 11,436 10,449
General and administrative 12,282 10,297 22,452 19,482
Rent 7,733 6,547 15,421 12,947
Transaction costs   19   75
Total operating expenses 106,850 100,344 210,312 193,626
Operating income 36,056 36,103 71,489 72,440
Interest expense (10,311) (8,907) (19,809) (16,645)
Income before income taxes 25,745 27,196 51,680 55,795
Income tax (expense) benefit (2) 83 (32) 50
Net income 25,743 27,279 51,648 55,845
Net income attributable to noncontrolling interests 6,208 7,890 12,452 16,154
Net income attributable to common shares $ 19,535 $ 19,389 $ 39,196 $ 39,691
Net income per share attributable to common shares:        
Basic $ 0.54 $ 0.57 $ 1.08 $ 1.17
Diluted $ 0.53 $ 0.57 $ 1.07 $ 1.16
Weighted average common shares outstanding        
Basic 36,463,421 34,049,391 36,405,921 33,992,792
Diluted 36,618,533 34,220,321 36,580,547 34,183,408
Rental, power, and related revenue        
Data center revenue:        
Rental revenue $ 121,083 $ 116,147 $ 238,936 $ 226,155
Office, light-industrial and other revenue        
Data center revenue:        
Rental revenue $ 3,047 $ 2,878 $ 5,673 $ 5,929