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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Rental and related revenue $ 196,912 $ 169,611 $ 582,461 $ 507,123
General contractor and service fee revenue 34,986 25,217 94,552 58,192
Revenues, total 231,898 194,828 677,013 565,315
Expenses:        
Rental expenses 17,704 16,224 54,869 46,967
Real estate taxes 31,515 28,157 93,857 81,569
General contractor and other services expenses 33,730 24,079 89,392 54,077
Depreciation and amortization 78,855 67,992 232,216 197,028
Costs and expenses, total 161,804 136,452 470,334 379,641
Other operating activities:        
Equity in earnings of unconsolidated joint ventures 5,552 1,841 15,521 58,523
Promote income 0 0 0 20,007
Gain on sale of properties (107) 21,952 194,741 93,339
Gain on land sales 3,915 5,665 7,221 8,449
Other operating expenses (668) (770) (2,591) (2,226)
Impairment charges 0 (3,622) 0 (4,481)
General and administrative expenses (8,959) (10,075) (43,441) (41,165)
Other Operating Activities, Net (267) 14,991 171,451 132,446
Operating income 69,827 73,367 378,130 318,120
Other income (expenses):        
Interest and other income, net 4,129 6,404 13,319 9,197
Interest expense (21,462) (20,835) (62,137) (65,401)
Loss on debt extinguishment (89) (16,568) (240) (26,104)
Income from continuing operations before income taxes 52,405 42,368 329,072 235,812
Income tax benefit (expense) 897 (359) (9,495) (7,918)
Income from continuing operations 53,302 42,009 319,577 227,894
Discontinued operations:        
Income before gain on sales and income tax 85 2,563 108 17,747
Gain on sale of depreciable properties 136 120,179 3,157 1,229,270
Income tax benefit (expense) 0 876 0 (10,736)
Income from discontinued operations 221 123,618 3,265 1,236,281
Net income 53,523 165,627 322,842 1,464,175
Net income attributable to noncontrolling interests (498) (358) (3,009) (18,163)
Net income attributable to common shareholders $ 53,025 $ 165,269 $ 319,833 $ 1,446,012
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.15 $ 0.12 $ 0.88 $ 0.63
Discontinuing operations attributable to common shareholders/unitholders 0 0.34 0.01 3.43
Earnings Per Share, Basic 0.15 0.46 0.89 4.06
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.15 0.12 0.88 0.63
Discontinued operations attributable to common shareholders/unitholders 0 0.34 0.01 3.40
Earnings Per Share, Diluted $ 0.15 $ 0.46 $ 0.89 $ 4.03
Weighted average number of common shares/units outstanding 357,898 355,905 357,235 355,614
Weighted average number of common shares/units and potential dilutive securities 361,410 362,102 362,745 361,947
Comprehensive income:        
Net income $ 53,523 $ 165,627 $ 322,842 $ 1,464,175
Other comprehensive loss:        
Amortization of interest contracts 0 0 0 (682)
Comprehensive income 53,523 165,627 322,842 1,463,493
Duke Realty Limited Partnership [Member]        
Revenues:        
Rental and related revenue 196,912 169,611 582,461 507,123
General contractor and service fee revenue 34,986 25,217 94,552 58,192
Revenues, total 231,898 194,828 677,013 565,315
Expenses:        
Rental expenses 17,704 16,224 54,869 46,967
Real estate taxes 31,515 28,157 93,857 81,569
General contractor and other services expenses 33,730 24,079 89,392 54,077
Depreciation and amortization 78,855 67,992 232,216 197,028
Costs and expenses, total 161,804 136,452 470,334 379,641
Other operating activities:        
Equity in earnings of unconsolidated joint ventures 5,552 1,841 15,521 58,523
Promote income 0 0 0 20,007
Gain on sale of properties (107) 21,952 194,741 93,339
Gain on land sales 3,915 5,665 7,221 8,449
Other operating expenses (668) (770) (2,591) (2,226)
Impairment charges 0 (3,622) 0 (4,481)
General and administrative expenses (8,959) (10,075) (43,441) (41,165)
Other Operating Activities, Net (267) 14,991 171,451 132,446
Operating income 69,827 73,367 378,130 318,120
Other income (expenses):        
Interest and other income, net 4,129 6,404 13,319 9,197
Interest expense (21,462) (20,835) (62,137) (65,401)
Loss on debt extinguishment (89) (16,568) (240) (26,104)
Income from continuing operations before income taxes 52,405 42,368 329,072 235,812
Income tax benefit (expense) 897 (359) (9,495) (7,918)
Income from continuing operations 53,302 42,009 319,577 227,894
Discontinued operations:        
Income before gain on sales and income tax 85 2,563 108 17,747
Gain on sale of depreciable properties 136 120,179 3,157 1,229,270
Income tax benefit (expense) 0 876 0 (10,736)
Income from discontinued operations 221 123,618 3,265 1,236,281
Net income 53,523 165,627 322,842 1,464,175
Net (income) loss attributable to noncontrolling interests (3) 1,177 (7) (4,736)
Net income attributable to common shareholders $ 53,520 $ 166,804 $ 322,835 $ 1,459,439
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.15 $ 0.12 $ 0.88 $ 0.63
Discontinuing operations attributable to common shareholders/unitholders 0 0.34 0.01 3.43
Earnings Per Share, Basic 0.15 0.46 0.89 4.06
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.15 0.12 0.88 0.63
Discontinued operations attributable to common shareholders/unitholders 0 0.34 0.01 3.40
Earnings Per Share, Diluted $ 0.15 $ 0.46 $ 0.89 $ 4.03
Weighted average number of common shares/units outstanding 361,200 359,206 360,585 358,921
Weighted average number of common shares/units and potential dilutive securities 361,410 362,102 362,745 361,947
Comprehensive income:        
Net income $ 53,523 $ 165,627 $ 322,842 $ 1,464,175
Other comprehensive loss:        
Amortization of interest contracts 0 0 0 (682)
Comprehensive income $ 53,523 $ 165,627 $ 322,842 $ 1,463,493