XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Lease revenue $ 39,624 $ 33,665
Operating costs and expenses    
General and administrative expense 5,981 5,545
Depreciation 12,687 11,074
Total operating costs and expenses 18,668 16,619
Income from operations 20,956 17,046
Other (expense) income    
Interest expense, net (9,698) (8,842)
Other income, net 3 759
Total other expense (9,695) (8,083)
Income before income taxes 11,261 8,963
Income tax expense 244 186
Net income 11,017 8,777
Less: Net income attributable to noncontrolling interest 3,068 2,462
Net income attributable to InfraREIT, Inc. $ 7,949 $ 6,315
Net income attributable to InfraREIT, Inc. common stockholders per share:    
Basic $ 0.18 $ 0.14
Diluted 0.18 0.14
Cash dividends declared per common share $ 0.25 $ 0.25