XML 57 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUE        
Rental $ 221,868 $ 180,089 $ 435,989 $ 347,887
Tenant reimbursements 6,169 4,485 12,597 10,512
Other 609 1,869 1,632 3,566
Total revenue 228,646 186,443 450,218 361,965
EXPENSES        
Depreciation and amortization 92,894 73,906 182,864 140,655
Interest 52,712 39,232 104,432 80,831
General and administrative 11,587 12,088 24,473 23,716
Property (including reimbursable) 10,127 7,754 20,704 17,326
Income taxes 570 624 1,661 1,201
Provisions for impairment 499 290 2,182 290
Merger-related costs   605   12,635
Total expenses 168,389 134,499 336,316 276,654
Gain on sales of real estate 1,964   3,236  
Income from continuing operations 62,221 51,944 117,138 85,311
Income from discontinued operations 20 4,572 3,097 44,432
Net income 62,241 56,516 120,235 129,743
Net income attributable to noncontrolling interests (339) (77) (671) (86)
Net income attributable to the Company 61,902 56,439 119,564 129,657
Preferred stock dividends (10,482) (10,482) (20,965) (20,965)
Net income available to common stockholders $ 51,420 $ 45,957 $ 98,599 $ 108,692
Amounts available to common stockholders per common share:        
Income from continuing operations, basic and diluted (in dollars per share) $ 0.23 $ 0.21 $ 0.45 $ 0.35
Net income, basic and diluted (in dollars per share) $ 0.23 $ 0.23 $ 0.46 $ 0.59
Weighted average common shares outstanding:        
Basic (in shares) 220,979,955 195,574,014 214,039,692 183,714,191
Diluted (in shares) 221,360,641 196,076,113 214,406,651 184,153,887