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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUES:    
Rental income $ 97,860 $ 80,478
Tenant reimbursements and other income 19,372 13,937
Total revenues 117,232 94,415
EXPENSES:    
Real estate taxes 10,288 8,357
Other operating expenses 12,958 9,007
Depreciation and amortization 33,469 24,719
Acquisition related costs 58 20,539
General and administrative 6,976 6,792
Total expenses 63,749 69,414
Operating income 53,483 25,001
Interest expense (including net amortization of debt premiums and discounts and debt issuance costs of $1,374 and $1,171, respectively) (20,609) (14,179)
Loss on early extinguishment of debt   (6,845)
Income before income tax expense and equity in earnings of an investee 32,874 3,977
Income tax expense (139) (31)
Equity in earnings of an investee 77 72
Net income 32,812 4,018
Net income allocated to noncontrolling interest (33) (41)
Net income attributed to SIR 32,779 3,977
Other comprehensive income (loss):    
Unrealized gain on investment in available for sale securities 16,821  
Unrealized (loss) gain on interest rate swap (902) 218
Equity in unrealized gain of an investee 52 45
Other comprehensive income 15,971 263
Comprehensive income 48,783 4,281
Comprehensive income allocated to noncontrolling interest (33) (41)
Comprehensive income attributed to SIR $ 48,750 $ 4,240
Weighted average common shares outstanding, basic (in shares) 89,286 79,489
Weighted average common shares outstanding, diluted (in shares) 89,295 79,498
Basic and diluted net income attributed to SIR per common share (in dollars per share) $ 0.37 $ 0.05