Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Computation of Earnings Per Share

Earnings per share are calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share data)	2017		2016		2017		2016
Basic net income per share:
Net income attributable to InfraREIT, Inc.	$	7,308	$	6,608	$	15,257	$	12,923
Weighted average common shares outstanding		43,778		43,576		43,776		43,573
Basic net income per share	$	0.17	$	0.15	$	0.35	$	0.30
Diluted net income per share:
Net income attributable to InfraREIT, Inc.	$	7,308	$	6,608	$	15,257	$	12,923
Weighted average common shares outstanding		43,778		43,576		43,776		43,573
Redemption of Operating Partnership units		—		—		—		—
Weighted average dilutive shares outstanding		43,778		43,576		43,776		43,573
Diluted net income per share	$	0.17	$	0.15	$	0.35	$	0.30
Due to the anti-dilutive effect, the computation of diluted     earnings per share does not reflect the following     adjustments:
Net income attributable to noncontrolling interest	$	2,821	$	2,576	$	5,889	$	5,038
Redemption of Operating Partnership units		16,897		17,058		16,899		17,057