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Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Selected Quarterly Information

The tables below reflect the selected quarterly information for the years ended December 31, 2014 and 2013 for QTS (in thousands except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QTS

 

 

Three Months Ended

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

2014

 

2014

 

2014

 

2014

Revenues

 

$

59,563 

 

$

57,945 

 

$

51,338 

 

$

48,943 

Operating income

 

 

11,682 

 

 

9,913 

 

 

6,266 

 

 

7,413 

Net income

 

 

5,848 

 

 

4,006 

 

 

3,921 

 

 

5,328 

Net income attributable to common shares

 

 

4,627 

 

 

3,157 

 

 

3,090 

 

 

4,198 

Net income per share attributable to common shares - basic

 

 

0.16 

 

 

0.11 

 

 

0.11 

 

 

0.14 

Net income per share attributable to common shares - diluted

 

 

0.16 

 

 

0.11 

 

 

0.11 

 

 

0.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Historical Predecessor

 

 

QTS

 

Three Months Ended

 

 

For the period

 

For the period

 

 

 

 

 

 

 

 

 

 

October 15, 2013

 

October 1, 2013

 

 

 

 

 

 

 

 

 

 

through

 

through

 

 

 

 

 

 

 

 

 

December 31,

 

October 14,

 

September 30,

 

June 30,

 

March 31,

 

 

2013

 

2013

 

2013

 

2013

 

2013

Revenues

 

$

40,462 

 

$

6,967 

 

$

46,020 

 

$

42,940 

 

$

41,498 

Operating income

 

 

6,203 

 

 

1,143 

 

 

7,048 

 

 

6,024 

 

 

5,568 

Net income (loss)

 

 

4,002 

 

 

445 

 

 

2,709 

 

 

(1,232)

 

 

(2,074)

Net income (loss) attributable to common shares

 

 

3,154 

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

Net income per share attributable to common shares - basic (1)

 

 

0.11 

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

Net income per share attributable to common shares - diluted (1)

 

 

0.11 

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

(1)

Net income per share attributable to QTS Realty Trust, Inc. for the period October 15, 2013 through December 31, 2013.

Qualitytech, LP [Member]  
Summary of Selected Quarterly Information

The table below reflects the selected quarterly information for the years ended December 31, 2014 and 2013 for the Operating Partnership (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

2014

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

59,563 

 

$

57,945 

 

$

51,338 

 

$

48,943 

Operating income

 

 

11,682 

 

 

9,913 

 

 

6,266 

 

 

7,413 

Net income

 

 

5,848 

 

 

4,006 

 

 

3,921 

 

 

5,328 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

47,429 

 

$

46,020 

 

$

42,940 

 

$

41,498 

Operating income

 

 

7,346 

 

 

7,048 

 

 

6,024 

 

 

5,568 

Net income (loss)

 

 

4,447 

 

 

2,709 

 

 

(1,232)

 

 

(2,074)