Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Computation of Earnings Per Share

Earnings per share are calculated as follows:

	Three Months Ended March 31,
(In thousands, except per share data)	2019		2018
Basic net income per share:
Net income attributable to InfraREIT, Inc.	$	13,745	$	12,864
Weighted average common shares outstanding		43,998		43,832
Basic net income per share	$	0.31	$	0.29
Diluted net income per share:
Net income attributable to InfraREIT, Inc.	$	13,745	$	12,864
Weighted average common shares outstanding		43,998		43,832
Redemption of Operating Partnership units		—		—
Weighted average dilutive shares outstanding		43,998		43,832
Diluted net income per share	$	0.31	$	0.29
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	$	5,224	$	4,900
Redemption of Operating Partnership units		16,729		16,872