Equity Investments (Tables)

9 Months Ended

Sep. 30, 2015

SIR

Equity Investments

Summary of Unaudited Income Statement Information of Equity Method Investee

The following unaudited summarized income statement information of SIR for the period from July 1, 2014 through July 9, 2014 and for the period from January 1, 2014 through July 9, 2014 is as follows (in thousands, except per share data):

	For the Period from July 1, 2014 through July 9, 2014			For the Period from January 1, 2014 through July 9, 2014
Rental income	$	4,698		98,226
Tenant reimbursements and other income	923			16,980
Total revenues	5,621			115,206
Operating expenses	1,018			20,982
Depreciation and amortization	1,043			20,832
Acquisition related costs	—			374
General and administrative	357			7,731
Total expenses	2,418			49,919
Operating income	3,203			65,287
Interest expense	(295		)	(7,287		)
Gain on early extinguishment of debt	—			243
Income before income tax expense and equity in earnings of an investee	2,908			58,243
Income tax expense	—			(90		)
Equity in earnings of an investee	11			32
Net income	$	2,919		$	58,185
Weighted average common shares outstanding	59,889			52,394
Net income per common share	$	0.05		$	1.11