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Quarterly Financial Information
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information [Abstract]  
Quarterly Financial Information

16. Quarterly Financial Information (unaudited)

 

The tables below reflect the selected quarterly information for the years ended December 31, 2017 and 2016 for QTS (in thousands except share data):

 

+

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

    

December 31,

    

September 30,

    

June 30,

    

March 31,

2017

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

118,911

 

$

113,767

 

$

107,868

 

$

105,964

Operating income

 

 

7,553

 

 

12,833

 

 

10,826

 

 

10,915

Net income (loss)

 

 

(16,113)

 

 

7,394

 

 

4,608

 

 

5,568

Net income (loss) attributable to common shares

 

 

(14,142)

 

 

6,507

 

 

4,040

 

 

4,877

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

 

 

(0.29)

 

 

0.13

 

 

0.08

 

 

0.10

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

 

 

(0.29)

 

 

0.13

 

 

0.08

 

 

0.10

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

105,443

 

$

103,465

 

$

98,687

 

$

94,768

Operating income

 

 

11,092

 

 

8,505

 

 

8,225

 

 

10,235

Net income

 

 

5,481

 

 

6,538

 

 

5,807

 

 

6,859

Net income attributable to common shares

 

 

4,806

 

 

5,730

 

 

5,100

 

 

5,889

Net income per share attributable to common shares - basic

 

 

0.10

 

 

0.12

 

 

0.11

 

 

0.14

Net income per share attributable to common shares - diluted

 

 

0.10

 

 

0.12

 

 

0.10

 

 

0.14

 

The table below reflects the selected quarterly information for the years ended December 31, 2017 and 2016 for the Operating Partnership (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

    

December 31,

    

September 30,

    

June 30,

    

March 31,

2017

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

118,911

 

$

113,767

 

$

107,868

 

$

105,964

Operating income

 

 

7,553

 

 

12,833

 

 

10,826

 

 

10,915

Net income (loss)

 

 

(16,113)

 

 

7,394

 

 

4,608

 

 

5,568

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

105,443

 

$

103,465

 

$

98,687

 

$

94,768

Operating income

 

 

11,092

 

 

8,505

 

 

8,225

 

 

10,235

Net income

 

 

5,481

 

 

6,538

 

 

5,807

 

 

6,859