XML 57 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE        
Rental $ 247,578 $ 226,832 $ 724,131 $ 662,822
Tenant reimbursements 10,187 8,275 31,757 20,872
Other 1,124 606 3,729 2,238
Total revenue 258,889 235,713 759,617 685,932
EXPENSES        
Depreciation and amortization 104,338 95,260 303,476 278,124
Interest 63,950 52,814 181,098 157,246
General and administrative 10,861 11,025 36,331 35,499
Property (including reimbursable) 13,542 12,770 42,455 33,474
Income taxes 745 697 2,448 2,358
Provisions for impairment 3,864 495 9,182 2,676
Total expenses 197,300 173,061 574,990 509,377
Gain on sales of real estate 6,224 10,975 17,117 14,211
Income from continuing operations 67,813 73,627 201,744 190,766
Income from discontinued operations       3,097
Net income 67,813 73,627 201,744 193,863
Net income attributable to noncontrolling interests (338) (344) (919) (1,016)
Net income attributable to the Company 67,475 73,283 200,825 192,847
Preferred stock dividends (6,770) (9,327) (20,310) (30,292)
Excess of redemption value over carrying value of preferred shares redeemed   (6,015)   (6,015)
Net income available to common stockholders $ 60,705 $ 57,941 $ 180,515 $ 156,540
Amounts available to common stockholders per common share, basic and diluted:        
Income from continuing operations (in dollars per share) $ 0.26 $ 0.26 $ 0.78 $ 0.71
Net income (in dollars per share) $ 0.26 $ 0.26 $ 0.78 $ 0.72
Weighted average common shares outstanding:        
Basic (in shares) 236,211,706 222,061,661 231,434,521 216,804,815
Diluted (in shares) 236,739,942 222,236,071 231,862,767 217,147,035