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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2015
REVENUES:    
Rental income $ 146,470 $ 435,630
Tenant reimbursement income 14,405 39,956
Fee and other income 6,851 16,294
Total revenues 167,726 491,880
EXPENSES:    
Operating 63,354 183,019
Depreciation and amortization 70,654 223,658
General and administrative 6,666 28,412
Acquisition and transaction related costs 485 9,832
Total expenses 141,159 444,921
Operating income (loss) 26,567 46,959
Income from real estate fund investments 10,933 30,226
Income from unconsolidated joint ventures 1,458 4,444
Unrealized gains on interest rate swaps 15,772 49,497
Interest and other income (loss), net (1,763) (397)
Interest and debt expense (42,821) (126,945)
Net income before income taxes 10,146 3,784
Income tax expense (789) (2,706)
Net income 9,357 1,078
Less net (income) loss attributable to noncontrolling interests in:    
Consolidated joint ventures and funds (7,969) (17,641)
Operating Partnership (272) 3,239
Net income (loss) attributable to common stockholders $ 1,116 $ (13,324)
INCOME (LOSS) PER COMMON SHARE - BASIC:    
Income (loss) per common share $ 0.01 $ (0.06)
Weighted average shares outstanding 212,106,718 212,106,718
INCOME (LOSS) PER COMMON SHARE - DILUTED:    
Income (loss) per common share $ 0.01 $ (0.06)
Weighted average shares outstanding 212,108,079 212,106,718
DIVIDENDS PER COMMON SHARE $ 0.095 $ 0.324 [1]
[1] Includes the $0.039 cash dividend for the 38 day period following the completion of our initial public offering and related formation transactions and ending on December 31, 2014