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Quarterly Results (Unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Quarterly Results (Unaudited)
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2017 for the General Partner (in thousands, except share and per share amounts):
 
 
Quarters Ended
 
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
Total revenues (1)
 
$
320,898

 
$
308,245

 
$
306,543

 
$
316,599

Income (loss) from continuing operations
 
11,935

 
29,550

 
12,489

 
(2,479
)
Income (loss) from discontinued operations
 
2,855

 
4,636

 
4,005

 
(30,613
)
Net income (loss)
 
14,790

 
34,186

 
16,494

 
(33,092
)
Net income (loss) attributable to the General Partner
 
14,438

 
33,408

 
16,094

 
(32,122
)
Basic and diluted net loss (income) per share from continuing operations attributable to common stockholders (2)
 
$
(0.01
)
 
$
0.01

(3) 
$
(0.01
)
 
$
(0.02
)
Basic and diluted net income (loss) per share from discontinued operations attributable to common stockholders (2)
 
$
0.00

 
$
0.01

(3) 
$
0.00

 
$
(0.03
)
Basic and dilutive net (loss) income per share attributable to common stockholders (2)
 
$
(0.00
)
 
$
0.02

(3) 
$
(0.00
)
 
$
(0.05
)
_______________________________________________
(1)
Represents revenue from continuing operations as presented on the statement of operations in accordance with GAAP. Substantially all of Cole Capital is presented as a discontinued operations and the Company’s remaining financial results are reported as a single segment for all periods presented.
(2)
The sum of the quarterly net income (loss) per share amounts may not agree to the full year net loss per share amounts. The Company calculates net income (loss) per share based on the weighted-average number of outstanding shares of Common Stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
(3)
Represents dilutive net income per share attributable to common stockholders and limited partners.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2017 for the OP (in thousands, except share and per share amounts):
 
 
Quarters Ended
 
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
Total revenues (1)
 
$
320,898

 
$
308,245

 
$
306,543

 
$
316,599

Income (loss) from continuing operations
 
11,935

 
29,550

 
12,489

 
(2,479
)
Income (loss) from discontinued operations
 
2,855

 
4,636

 
4,005

 
(30,613
)
Net income (loss)
 
14,790

 
34,186

 
16,494

 
(33,092
)
Net income (loss) attributable to the OP
 
14,797

 
34,200

 
16,485

 
(32,910
)
Basic and diluted net (loss) income per unit from continuing operations attributable to common unitholders (2)
 
$
(0.01
)
 
$
0.01

 
$
(0.01
)
 
$
(0.02
)
Basic and diluted net income (loss) per unit from discontinued operations attributable to common unitholders (2)
 
$
0.00

 
$
0.01

 
$
0.00

 
$
(0.03
)
Basic and diluted net (loss) income per unit attributable to common unitholders (2)
 
$
(0.00
)
 
$
0.02

 
$
(0.00
)
 
$
(0.05
)
_______________________________________________
(1)
Represents revenue from continuing operations as presented on the statement of operations in accordance with GAAP. Substantially all of Cole Capital is presented as a discontinued operations and the Company’s remaining financial results are reported as a single segment for all periods presented.
(2)
The sum of the quarterly net income (loss) per unit amounts may not agree to the full year net loss per unit amounts. The Company calculates net loss per unit based on the weighted-average number of outstanding units during the reporting period. The average number of units fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2016 for the General Partner (in thousands, except share and per share amounts):
 
 
Quarters Ended
 
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Total revenues (1)
 
$
337,787

 
$
338,533

 
$
331,846

 
$
327,281

(Loss) income from continuing operations
 
(116,701
)
 
246

 
28,865

 
10,703

Income (loss) from discontinued operations
 
621

 
2,987

 
1,381

 
(128,926
)
Net (loss) income
 
(116,080
)
 
3,233

 
30,246

 
(118,223
)
Net (loss) income attributable to the General Partner
 
(113,086
)
 
3,146

 
29,495

 
(115,418
)
Basic and diluted net (loss) income per share from continuing operations attributable to common stockholders (2)
 
$
(0.15
)
 
$
(0.02
)
 
$
0.01

(3) 
$
(0.01
)
Basic and diluted income (loss) per share from discontinued operations attributable to common stockholders (2)
 
$
0.00

 
$
0.00

 
$
0.00

(3) 
$
(0.13
)
Basic and diluted net (loss) income per share attributable to common stockholders (2)
 
$
(0.15
)
 
$
(0.02
)
 
$
0.01

(3) 
$
(0.14
)
_______________________________________________
(1)
Represents revenue from continuing operations as presented on the statement of operations in accordance with GAAP. Substantially all of Cole Capital is presented as a discontinued operations and the Company’s remaining financial results are reported as a single segment for all periods presented.
(2)
The sum of the quarterly net income (loss) per share amounts may not agree to the full year net loss per share amounts. The Company calculates net loss per share based on the weighted-average number of outstanding shares of Common Stock during the reporting period. The average number of shares fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.
(3)
Represents dilutive net income per share attributable to common stockholders and limited partners.
Presented below is a summary of the unaudited quarterly financial information for the year ended December 31, 2016 for the OP (in thousands, except share and per share amounts):
 
 
Quarters Ended
 
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Total revenues (1)
 
$
337,787

 
$
338,533

 
$
331,846

 
$
327,281

(Loss) income from continuing operations
 
(116,701
)
 
246

 
28,865

 
10,703

Income (loss) from discontinued operations
 
621

 
2,987

 
1,381

 
(128,926
)
Net (loss) income
 
(116,080
)
 
3,233

 
30,246

 
(118,223
)
Net (loss) income attributable to the OP
 
(116,041
)
 
3,229

 
30,234

 
(118,232
)
Basic and diluted net (loss) income per unit from continuing operations attributable to common unitholders (2)
 
$
(0.15
)
 
$
(0.02
)
 
$
0.01

 
$
(0.01
)
Basic and diluted net income (loss) per unit from discontinued operations attributable to common unitholders (2)
 
$
0.00

 
$
0.00

 
$
0.00

 
$
(0.13
)
Basic and diluted net (loss) income per unit attributable to common unitholders (2)
 
$
(0.15
)
 
$
(0.02
)
 
$
0.01

 
$
(0.14
)
_______________________________________________
(1)
Represents revenue from continuing operations as presented on the statement of operations in accordance with GAAP. Substantially all of Cole Capital is presented as a discontinued operations and the Company’s remaining financial results are reported as a single segment for all periods presented.
(2)
The sum of the quarterly net loss per unit amounts may not agree to the full year net loss per unit amounts. The Company calculates net loss per unit based on the weighted-average number of outstanding units during the reporting period. The average number of units fluctuates throughout the year and can therefore produce a full year result that does not agree to the sum of the individual quarters.