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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Rental and related revenue $ 201,996 $ 204,780 $ 416,611 $ 413,426
General contractor and service fee revenue 23,901 69,512 76,722 125,332
Revenues, total 225,897 274,292 493,333 538,758
Expenses:        
Rental expenses 30,094 32,221 66,218 74,262
Real estate taxes 27,747 28,652 58,526 57,855
General contractor and other services expenses 21,738 63,857 68,762 111,128
Depreciation and amortization 78,334 88,500 160,237 176,798
Costs and expenses, total 157,913 213,230 353,743 420,043
Other operating activities:        
Equity in earnings (loss) of unconsolidated companies 15,123 60,826 21,369 63,147
Gain on sale of properties 107,410 70,318 130,894 86,171
Gain on land sales 17,012 3,889 22,437 4,041
Other operating expenses (1,555) (1,987) (3,112) (4,203)
Asset Impairment Charges (5,470) (2,523) (5,470) (2,523)
General and administrative expenses (19,238) (10,365) (36,242) (25,059)
Other Operating Activities, Net 113,282 120,158 129,876 121,574
Operating income 181,266 181,220 269,466 240,289
Other income (expenses):        
Interest and other income, net 1,375 229 1,713 580
Interest expense (42,976) (51,448) (92,567) (103,306)
Gains (Losses) on Extinguishment of Debt (82,653) (139) (82,653) (139)
Acquisition-related activity (1,305) (747) (1,333) (761)
Income from continuing operations before income taxes 55,707 129,115 94,626 136,663
Income Tax Benefit (Expense) 2,288 (364) 804 (3,038)
Income (loss) from continuing operations 57,995 128,751 95,430 133,625
Discontinued operations:        
Income (loss) before gain on sales 36 5,471 10,195 9,393
Gain on sale of depreciable properties, net of tax 396,134 2,305 414,509 19,080
Income (loss) from discontinued operations 396,170 7,776 424,704 28,473
Net income (loss) 454,165 136,527 520,134 162,098
Dividends on preferred shares/units 0 (7,046) 0 (14,083)
Adjustments for redemption of preferred shares/units 0 0 0 483
Net (income) loss attributable to noncontrolling interests (4,785) (1,793) (5,510) (2,127)
Net income (loss) attributable to common shareholders/unitholders $ 449,380 $ 127,688 $ 514,624 $ 146,371
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.16 $ 0.36 $ 0.27 $ 0.35
Discontinued operations attributable to common shareholders/unitholders 1.14 0.02 1.22 0.09
Total 1.30 0.38 1.49 0.44
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.16 0.36 0.27 0.35
Discontinued operations attributable to common shareholders/unitholders 1.14 0.02 1.22 0.09
Total $ 1.30 $ 0.38 $ 1.49 $ 0.44
Weighted average number of common shares/units outstanding 345,098 331,753 344,849 329,442
Weighted average number of common shares/units and potential dilutive securities 349,161 336,414 348,945 334,102
Comprehensive income (loss):        
Net income (loss) $ 454,165 $ 136,527 $ 520,134 $ 162,098
Other comprehensive loss:        
Amortization of interest contracts (276) (287) (563) (574)
Other Comprehensive Income, Other, Net of Tax (123) 55 (123) 55
Total other comprehensive loss (399) (232) (686) (519)
Comprehensive income (loss) 453,766 136,295 519,448 161,579
Duke Realty Limited Partnership [Member]        
Revenues:        
Rental and related revenue 201,996 204,780 416,611 413,426
General contractor and service fee revenue 23,901 69,512 76,722 125,332
Revenues, total 225,897 274,292 493,333 538,758
Expenses:        
Rental expenses 30,094 32,221 66,218 74,262
Real estate taxes 27,747 28,652 58,526 57,855
General contractor and other services expenses 21,738 63,857 68,762 111,128
Depreciation and amortization 78,334 88,500 160,237 176,798
Costs and expenses, total 157,913 213,230 353,743 420,043
Other operating activities:        
Equity in earnings (loss) of unconsolidated companies 15,123 60,826 21,369 63,147
Gain on sale of properties 107,410 70,318 130,894 86,171
Gain on land sales 17,012 3,889 22,437 4,041
Other operating expenses (1,555) (1,987) (3,112) (4,203)
Asset Impairment Charges (5,470) (2,523) (5,470) (2,523)
General and administrative expenses (19,238) (10,365) (36,242) (25,059)
Other Operating Activities, Net 113,282 120,158 129,876 121,574
Operating income 181,266 181,220 269,466 240,289
Other income (expenses):        
Interest and other income, net 1,375 229 1,713 580
Interest expense (42,976) (51,448) (92,567) (103,306)
Gains (Losses) on Extinguishment of Debt (82,653) (139) (82,653) (139)
Acquisition-related activity (1,305) (747) (1,333) (761)
Income from continuing operations before income taxes 55,707 129,115 94,626 136,663
Income Tax Benefit (Expense) 2,288 (364) 804 (3,038)
Income (loss) from continuing operations 57,995 128,751 95,430 133,625
Discontinued operations:        
Income (loss) before gain on sales 36 5,471 10,195 9,393
Gain on sale of depreciable properties, net of tax 396,134 2,305 414,509 19,080
Income (loss) from discontinued operations 396,170 7,776 424,704 28,473
Net income (loss) 454,165 136,527 520,134 162,098
Dividends on preferred shares/units 0 (7,046) 0 (14,083)
Adjustments for redemption of preferred shares/units 0 0 0 483
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, NonRedeemable (23) (100) (49) (184)
Net income (loss) attributable to common shareholders/unitholders $ 454,142 $ 129,381 $ 520,085 $ 148,314
Basic net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.16 $ 0.36 $ 0.27 $ 0.35
Discontinued operations attributable to common shareholders/unitholders 1.14 0.02 1.22 0.09
Total 1.30 0.38 1.49 0.44
Diluted net income (loss) per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.16 0.36 0.27 0.35
Discontinued operations attributable to common shareholders/unitholders 1.14 0.02 1.22 0.09
Total $ 1.30 $ 0.38 $ 1.49 $ 0.44
Weighted average number of common shares/units outstanding 348,728 336,139 348,511 333,828
Weighted average number of common shares/units and potential dilutive securities 349,161 336,414 348,945 334,102
Comprehensive income (loss):        
Net income (loss) $ 454,165 $ 136,527 $ 520,134 $ 162,098
Other comprehensive loss:        
Amortization of interest contracts (276) (287) (563) (574)
Other Comprehensive Income, Other, Net of Tax (123) 55 (123) 55
Total other comprehensive loss (399) (232) (686) (519)
Comprehensive income (loss) $ 453,766 $ 136,295 $ 519,448 $ 161,579