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INTERIM CONSOLIDATED FINANCIAL STATEMENTS STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental $ 98,596 $ 88,415
Variable lease revenue from recoveries 10,793 11,513
Other 3,300 13,769
Total revenues 112,689 113,697
Operating Expenses:    
Property operating costs 34,103 37,740
Real estate taxes and insurance 3,367 2,905
Depreciation and amortization 38,788 35,913
General and administrative 19,891 22,234
Transaction, integration and impairment costs   920
Transaction and integration costs 1,214  
Restructuring   8,530
Total operating expenses 97,363 108,242
Gain on sale of real estate, net 13,408  
Operating income (loss) 28,734 5,455
Other income and expenses:    
Interest income 45 1
Interest expense (7,146) (8,110)
Equity in earnings (loss) of unconsolidated entity (274)  
Income (loss) before taxes 21,359 (2,654)
Tax benefit (expense) of taxable REIT subsidiaries (211) 2,402
Net income (loss) 21,148 (252)
Net (income) loss attributable to noncontrolling interests (1,590) 29
Net income (loss) attributable to QTS Realty Trust, Inc. 19,558 (223)
Preferred stock dividends (7,045) (328)
Net income (loss) attributable to common stockholders $ 12,513 $ (551)
Net income (loss) per share attributable to common shares:    
Basic (in dollars per share) $ 0.20 $ (0.02)
Diluted (in dollars per share) $ 0.20 $ (0.02)
Qualitytech, LP    
Revenues:    
Rental $ 98,596 $ 88,415
Variable lease revenue from recoveries 10,793 11,513
Other 3,300 13,769
Total revenues 112,689 113,697
Operating Expenses:    
Property operating costs 34,103 37,740
Real estate taxes and insurance 3,367 2,905
Depreciation and amortization 38,788 35,913
General and administrative 19,891 22,234
Transaction, integration and impairment costs   920
Transaction and integration costs 1,214  
Restructuring   8,530
Total operating expenses 97,363 108,242
Gain on sale of real estate, net 13,408  
Operating income (loss) 28,734 5,455
Other income and expenses:    
Interest income 45 1
Interest expense (7,146) (8,110)
Equity in earnings (loss) of unconsolidated entity (274)  
Income (loss) before taxes 21,359 (2,654)
Tax benefit (expense) of taxable REIT subsidiaries (211) 2,402
Net income (loss) 21,148 (252)
Preferred stock dividends (7,045) (328)
Net income (loss) attributable to common stockholders $ 14,103 $ (580)