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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rental $ 161,638 $ 151,805 $ 319,914 $ 295,413
Tenant recoveries 54,107 49,594 106,704 97,988
Other income 10,331 2,757 15,547 7,508
Total revenues 226,076 204,156 442,165 400,909
Expenses:        
Rental operations 67,325 62,250 133,162 123,473
General and administrative 15,384 14,989 30,572 29,376
Interest 25,025 26,668 49,880 49,904
Depreciation and amortization 70,169 62,171 141,035 121,091
Impairment of real estate 156,143 0 185,123 14,510
Loss on early extinguishment of debt 0 189 0 189
Total expenses 334,046 166,267 539,772 338,543
Equity in (losses) earnings of unconsolidated real estate joint ventures (146) 541 (543) 1,115
Income from continuing operations (108,116) 38,430 (98,150) 63,481
Loss from discontinued operations 0 0 0 (43)
Net (loss) income (108,116) 38,430 (98,150) 63,438
Net income attributable to noncontrolling interests (3,500) (263) (7,530) (755)
Net (loss) income attributable to Alexandria Real Estate Equities, Inc.’s stockholders (111,616) 38,167 (105,680) 62,683
Dividends on preferred stock (5,474) (6,246) (11,381) (12,493)
Preferred stock redemption charge (9,473) 0 (12,519) 0
Net income attributable to unvested restricted stock awards (1,085) (630) (1,886) (1,113)
Net (loss) income attributable to Alexandria Real Estate Equities, Inc.’s common stockholders $ (127,648) $ 31,291 $ (131,466) $ 49,077
Earnings per share attributable to Alexandria’s common stockholders – basic and diluted:        
Continuing operations (usd per share) $ (1.72) $ 0.44 $ (1.79) $ 0.69
Discontinued operations (usd per share) 0.00 0.00 0.00 0.00
Earnings per share – basic and diluted (usd per share) (1.72) 0.44 (1.79) 0.69
Dividends declared per share of common stock (usd per share) $ 0.8 $ 0.77 $ 1.60 $ 1.51