XML 43 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated and Combined Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Rental revenues $ 15,193 $ 13,398
General contracting and real estate services revenues 19,234  
Total revenues 34,427  
Expenses    
Rental expenses 3,976 3,229
Real estate taxes 1,343 1,212
General contracting and real estate services expenses 17,985  
Depreciation and amortization 3,969 3,159
General and administrative expenses 2,046 717
Total expenses 29,319  
Operating income 5,108  
Interest expense (2,565) (3,915)
Other income 112 267
Income before taxes 2,655  
Income tax provision (149)  
Net income 2,506 1,931
Net income attributable to noncontrolling interests (1,041)  
Net income attributable to stockholders 1,465  
Net income per share and unit:    
Basic and diluted $ 0.08  
Weighted-average outstanding:    
Common shares 19,193  
Common units 13,632  
Basic and diluted 32,825  
Dividends and distributions declared per common share and unit $ 0.16  
Predecessor [Member]
   
Revenues    
Rental revenues   13,398
General contracting and real estate services revenues   17,956
Total revenues   31,354
Expenses    
Rental expenses   3,229
Real estate taxes   1,212
General contracting and real estate services expenses   17,458
Depreciation and amortization   3,159
General and administrative expenses   717
Total expenses   25,775
Operating income   5,579
Interest expense   (3,915)
Other income   267
Income before taxes   1,931
Net income   $ 1,931