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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue        
Rents and reimbursements $ 11,234 $ 9,435 $ 22,220 $ 18,755
Interest, dividends and discount accretion 5,094 3,590 14,766 6,799
Total revenue 16,328 13,025 36,986 25,554
Expenses        
Property operating 3,987 1,818 8,032 3,767
Real estate taxes 1,087 340 2,342 1,060
Depreciation and amortization 3,312 2,371 6,793 4,671
Interest 3,963 3,666 8,576 7,317
General and administrative 2,758 1,916 5,282 3,823
State and local taxes 48 85 77 99
Total expenses 15,155 10,196 31,102 20,737
Other income (loss)        
Earnings from preferred equity investments 158 85 241 168
Equity in income (loss) of equity investments 2,875 (392) 1,520 (919)
Realized gain on sale of securities carried at fair value 7 78 131 773
Unrealized (loss) gain on securities carried at fair value (723) (750) 163 1,790
Unrealized gain on loan securities carried at fair value 34 3,625 2,847 3,012
Interest income 443 40 536 77
Total other income (loss) 2,794 2,686 5,438 4,901
Income from continuing operations 3,967 5,515 11,322 9,718
Discontinued operations        
Income (loss) from discontinued operations 90 (764) 137 (517)
Consolidated net income 4,057 4,751 11,459 9,201
Income attributable to non-controlling interest (329) (175) (533) (420)
Net income attributable to Winthrop Realty Trust 3,728 4,576 10,926 8,781
Income attributable to non-controlling redeemable preferred interest (58) (58) (117) (171)
Net income attributable to Common Shares 3,670 4,518 10,809 8,610
Comprehensive income        
Consolidated net income 4,057 4,751 11,459 9,201
Change in unrealized gain on available for sale securities   (5)   2
Change in unrealized gain on interest rate derivatives   (28) 63 12
Comprehensive income $ 4,057 $ 4,718 $ 11,522 $ 9,215
Per Common Share data - Basic        
Income from continuing operations $ 0.11 $ 0.25 $ 0.36 $ 0.44
Loss from discontinued operations   $ (0.04)   $ (0.03)
Net income attributable to Winthrop Realty Trust $ 0.11 $ 0.21 $ 0.36 $ 0.41
Per Common Share data - Diluted        
Income from continuing operations $ 0.11 $ 0.25 $ 0.36 $ 0.44
Loss from discontinued operations   $ (0.04)   $ (0.03)
Net income attributable to Winthrop Realty Trust $ 0.11 $ 0.21 $ 0.36 $ 0.41
Basic Weighted-Average Common Shares 32,573 21,175 29,841 20,888
Diluted Weighted-Average Common Shares 32,574 21,177 29,842 21,412