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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Rental income $ 43,130,000 $ 11,329,000 $ 81,379,000 $ 17,412,000
Operating expense reimbursements 1,830,000 101,000 3,652,000 258,000
Total revenues 44,960,000 11,430,000 85,031,000 17,670,000
Operating expenses:        
Acquisition related 15,144,000 7,814,000 20,726,000 12,599,000
Merger and other transaction related 4,680,000 20,000 142,449,000 20,000
Property operating 2,465,000 288,000 4,869,000 580,000
General and administrative 1,125,000 502,000 2,432,000 1,027,000
Equity-based compensation 3,454,000 178,000 4,330,000 324,000
Depreciation and amortization 27,806,000 6,994,000 52,829,000 10,529,000
Operating fees to affiliates 0 0 0 212,000
Total operating expenses 54,674,000 15,796,000 227,635,000 25,291,000
Operating loss (9,714,000) (4,366,000) (142,604,000) (7,621,000)
Other income (expenses):        
Interest expense (11,238,000) (2,686,000) (17,454,000) (4,142,000)
Unrealized loss on contingent value rights (31,134,000) 0 (31,134,000) 0
Income from investment securities 0 0 218,000 0
Gain on sale of investment securities 0 0 451,000 0
Unrealized loss on derivative instruments (40,000) 0 (45,000) 0
Other income (expenses) 91,000 62,000 126,000 67,000
Total other expenses, net (42,321,000) (2,624,000) (47,838,000) (4,075,000)
Loss from continuing operations (52,035,000) (6,990,000) (190,442,000) (11,696,000)
Net loss from continuing operations attributable to non-controlling interests 322,000 72,000 756,000 72,000
Net loss from continuing operations attributable to stockholders (51,713,000) (6,918,000) (189,686,000) (11,624,000)
Discontinued operations:        
Net income (loss) from operations of held for sale properties 36,000 (84,000) 63,000 (97,000)
Gain (loss) on held for sale properties 0 (82,000) 14,000 (405,000)
Net income (loss) from discontinued operations 36,000 (166,000) 77,000 (502,000)
Net income (loss) from discontinued operations attributable to non-controlling interests (2,000) 14,000 (4,000) 28,000
Net income (loss) from discontinued operations attributable to stockholders 34,000 (152,000) 73,000 (474,000)
Net loss (51,999,000) (7,156,000) (190,365,000) (12,198,000)
Net loss attributable to non-controlling interests 320,000 86,000 752,000 100,000
Net loss attributable to stockholders (51,679,000) (7,070,000) (189,613,000) (12,098,000)
Other comprehensive gain (loss):        
Designated derivatives, fair value adjustments 14,017,000 (2,236,000) 12,840,000 (2,839,000)
Unrealized gain (loss) on investment securities, net (80,000) 0 13,000 0
Comprehensive loss $ (37,742,000) $ (9,306,000) $ (176,760,000) $ (14,937,000)
Basic and diluted net loss per share from continuing operations attributable to common stockholders $ (0.32) $ (0.10) $ (1.20) $ (0.25)
Basic and diluted net loss per share attributable to common stockholders $ (0.32) $ (0.10) $ (1.20) $ (0.26)