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Real Estate (Tables)
 12 Months Ended
Dec. 31, 2017
Real Estate [Abstract]  
Schedule of pro forma results of operations
The following unaudited pro forma results summarized below reflect our consolidated results of operations as if our acquisitions for the years ended December 31, 2017, 2016 and 2015 were acquired on January 1, 2015. The unaudited consolidated pro forma results of operations is not necessarily indicative of what the actual results of operations would have been, assuming the transactions had been completed as set forth above, nor do they purport to represent our results of operations for future periods.
 
 
Year Ended December 31,
(in thousands, except per share data)
 
2017
 
2016
 
2015
Total property revenues
 
$
133,663

 
$
129,385

 
$
127,485

Net income
 
$
11,600

 
$
16,978

 
$
18,219

Net income attributable to Whitestone REIT (1)
 
$
10,990

 
$
16,583

 
$
17,912

 
 
 
 
 
 
 
Basic Earnings Per Share:
 
$
0.28

 
$
0.45

 
$
0.53

 
 
 
 
 
 
 
Diluted Earnings Per Share:
 
$
0.27

 
$
0.44

 
$
0.52

 
 
 
 
 
 
 
Weighted-average common shares outstanding:
 
 
 
 
 
 
Basic (2)
 
37,933

 
35,637

 
32,650

Diluted (2)
 
38,760

 
36,402

 
33,702



(1) 
Net income attributable to Whitestone REIT reflects historical ownership percentages and does not reflect the effects of the April Offering (as defined in Note 14), assuming the sale of the common shares took place on January 1, 2015, as the related impact on ownership percentage is minimal.

(2) 
Pro forma weighted averages reflect the April Offering, assuming the sale of the common shares took place on January 1, 2015.