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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Lease revenue $ 41,452 $ 39,309 $ 100,282 $ 89,371
Operating costs and expenses        
General and administrative expense 5,504 6,143 58,965 12,839
Depreciation 10,259 8,998 29,438 25,825
Total operating costs and expenses 15,763 15,141 88,403 38,664
Income from operations 25,689 24,168 11,879 50,707
Other (expense) income        
Interest expense, net (6,723) (8,699) (21,084) (24,364)
Other income, net 707 294 2,180 333
Total other expense (6,016) (8,405) (18,904) (24,031)
Income (loss) before income taxes 19,673 15,763 (7,025) 26,676
Income tax expense 243 248 575 656
Net income (loss) 19,430 15,515 (7,600) 26,020
Less: Net income (loss) attributable to noncontrolling interest 5,458 3,621 (1,061) 6,046
Net income (loss) attributable to InfraREIT, Inc. $ 13,972 $ 11,894 $ (6,539) $ 19,974
Net income (loss) attributable to InfraREIT, Inc. common shareholders per share:        
Basic $ 0.32 $ 0.34 $ (0.15) $ 0.57
Diluted 0.32 $ 0.34 (0.15) $ 0.57
Cash dividends declared per common share $ 0.225   $ 0.850