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INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Rental $ 114,977 $ 101,086 $ 224,366 $ 201,014
Rental 114,977 101,086 224,366 201,014
Other 4,190 11,191 7,490 24,960
Total revenues 119,167 112,277 231,856 225,974
Operating Expenses:        
Property operating costs 38,570 36,558 72,673 74,298
Real estate taxes and insurance 3,355 2,903 6,722 5,808
Depreciation and amortization 41,481 37,820 80,269 73,733
General and administrative 20,124 21,031 40,015 43,265
Transaction and integration costs 1,039 653 2,253 1,573
Restructuring   11,430   19,960
Total operating expenses 104,569 110,395 201,932 218,637
Gain on sale of real estate, net     13,408  
Operating income 14,598 1,882 43,332 7,337
Other income and expenses:        
Interest income 36 25 81 26
Interest expense (6,459) (8,203) (13,605) (16,313)
Other income (expense) (40)   (40)  
Equity in earnings (loss) of unconsolidated entity (401)   (675)  
Income (loss) before taxes 7,734 (6,296) 29,093 (8,950)
Tax benefit (expense) of taxable REIT subsidiaries (199) (137) (410) 2,265
Net income (loss) 7,535 (6,433) 28,683 (6,685)
Net (income) loss attributable to noncontrolling interests (52) 1,002 (1,642) 1,031
Net income (loss) attributable to QTS Realty Trust, Inc. 7,483 (5,431) 27,041 (5,654)
Preferred stock dividends (7,045) (2,248) (14,090) (2,576)
Net income (loss) attributable to common stockholders $ 438 $ (7,679) $ 12,951 $ (8,230)
Net income (loss) per share attributable to common shares:        
Basic (in dollars per share) $ (0.03) $ (0.16) $ 0.17 $ (0.17)
Diluted (in dollars per share) $ (0.03) $ (0.16) $ 0.17 $ (0.17)
Qualitytech, LP        
Revenues:        
Rental $ 114,977 $ 101,086 $ 224,366 $ 201,014
Other 4,190 11,191 7,490 24,960
Total revenues 119,167 112,277 231,856 225,974
Operating Expenses:        
Property operating costs 38,570 36,558 72,673 74,298
Real estate taxes and insurance 3,355 2,903 6,722 5,808
Depreciation and amortization 41,481 37,820 80,269 73,733
General and administrative 20,124 21,031 40,015 43,265
Transaction and integration costs 1,039 653 2,253 1,573
Restructuring   11,430   19,960
Total operating expenses 104,569 110,395 201,932 218,637
Gain on sale of real estate, net     13,408  
Operating income 14,598 1,882 43,332 7,337
Other income and expenses:        
Interest income 36 25 81 26
Interest expense (6,459) (8,203) (13,605) (16,313)
Other income (expense) (40)   (40)  
Equity in earnings (loss) of unconsolidated entity (401)   (675)  
Income (loss) before taxes 7,734 (6,296) 29,093 (8,950)
Tax benefit (expense) of taxable REIT subsidiaries (199) (137) (410) 2,265
Net income (loss) 7,535 (6,433) 28,683 (6,685)
Preferred stock dividends (7,045) (2,248) (14,090) (2,576)
Net income (loss) attributable to common stockholders $ 490 $ (8,681) $ 14,593 $ (9,261)