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INTERIM CONSOLIDATED FINANCIAL STATEMENTS STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental $ 89,232 $ 80,793 $ 174,945 $ 159,910
Total revenues 112,277 107,868 225,974 213,832
Operating Expenses:        
Property operating costs 36,558 36,846 74,298 72,267
Real estate taxes and insurance 2,903 2,946 5,808 6,093
Depreciation and amortization 37,820 34,527 73,733 68,475
General and administrative 21,031 22,562 43,265 44,759
Transaction, integration and impairment costs 653 161 1,573 497
Restructuring 11,430   19,960  
Total operating expenses 110,395 97,042 218,637 192,091
Operating income 1,882 10,826 7,337 21,741
Other income and expenses:        
Interest income 25   26 1
Interest expense (8,203) (7,647) (16,313) (14,516)
Income (loss) before taxes (6,296) 3,179 (8,950) 7,226
Tax benefit (expense) of taxable REIT subsidiaries (137) 1,429 2,265 2,950
Net income (loss) (6,433) 4,608 (6,685) 10,176
Net (income) loss attributable to noncontrolling interests 1,002 (568) 1,031 (1,259)
Net income (loss) attributable to QTS Realty Trust, Inc. (5,431) 4,040 (5,654) 8,917
Preferred stock dividends (2,248)   (2,576)  
Net income (loss) attributable to common stokholders $ (7,679) $ 4,040 $ (8,230) $ 8,917
Net income (loss) per share attributable to common shares:        
Basic $ (0.16) $ 0.08 $ (0.17) $ 0.18
Diluted $ (0.16) $ 0.08 $ (0.17) $ 0.17
Recoveries From Customers        
Revenues:        
Revenue $ 10,444 $ 8,774 $ 21,957 $ 17,135
Cloud and managed services        
Revenues:        
Revenue 10,974 16,856 24,155 33,821
Other        
Revenues:        
Revenue 1,627 1,445 4,917 2,966
Qualitytech, LP        
Revenues:        
Rental 89,232 80,793 174,945 159,910
Total revenues 112,277 107,868 225,974 213,832
Operating Expenses:        
Property operating costs 36,558 36,846 74,298 72,267
Real estate taxes and insurance 2,903 2,946 5,808 6,093
Depreciation and amortization 37,820 34,527 73,733 68,475
General and administrative 21,031 22,562 43,265 44,759
Transaction, integration and impairment costs 653 161 1,573 497
Restructuring 11,430   19,960  
Total operating expenses 110,395 97,042 218,637 192,091
Operating income 1,882 10,826 7,337 21,741
Other income and expenses:        
Interest income 25   26 1
Interest expense (8,203) (7,647) (16,313) (14,516)
Income (loss) before taxes (6,296) 3,179 (8,950) 7,226
Tax benefit (expense) of taxable REIT subsidiaries (137) 1,429 2,265 2,950
Net income (loss) (6,433) 4,608 (6,685) 10,176
Preferred unit distributions (2,248)   (2,576)  
Net income (loss) attributable to common stokholders (8,681) 4,608 (9,261) 10,176
Qualitytech, LP | Recoveries From Customers        
Revenues:        
Revenue 10,444 8,774 21,957 17,135
Qualitytech, LP | Cloud and managed services        
Revenues:        
Revenue 10,974 16,856 24,155 33,821
Qualitytech, LP | Other        
Revenues:        
Revenue $ 1,627 $ 1,445 $ 4,917 $ 2,966