XML 24 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental and related revenue $ 217,915 $ 201,803
General contractor and service fee revenue 9,399 23,151
Revenues, total 227,314 224,954
Expenses:    
Rental expenses 25,271 29,278
Real estate taxes 32,473 29,627
General contractor and other services expenses 7,624 20,920
Depreciation and amortization 81,557 77,798
Costs and expenses, total 146,925 157,623
Other operating activities:    
Equity in earnings of unconsolidated companies 4,749 21,860
Gain on sale of properties 37,046 15,577
Gain on land sales 1,505 130
Other operating expenses (738) (1,237)
Impairment charges (859) (6,405)
General and administrative expenses (19,232) (18,098)
Other Operating Activities, Net 22,471 11,827
Operating income 102,860 79,158
Other income (expenses):    
Interest and other income, net 533 2,523
Interest expense (30,505) (37,730)
Gain on debt extinguishment 25 0
Acquisition-related activity 0 (3)
Income from continuing operations before income taxes 72,913 43,948
Income tax expense (2,132) (343)
Income from continuing operations 70,781 43,605
Discontinued operations:    
Income before gain on sales 0 237
Gain on sale of depreciable properties, net of tax 0 (86)
Income from discontinued operations 0 151
Net income 70,781 43,756
Net income attributable to noncontrolling interests (581) (449)
Net income attributable to common shareholders $ 70,200 $ 43,307
Basic net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.20 $ 0.12
Diluted net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.20 $ 0.12
Weighted average number of common shares/units outstanding 355,282 345,665
Weighted average number of common shares/units and potential dilutive securities 360,700 349,674
Comprehensive income:    
Net income $ 70,781 $ 43,756
Other comprehensive loss:    
Amortization of interest contracts (256) (295)
Comprehensive income 70,525 43,461
Duke Realty Limited Partnership [Member]    
Revenues:    
Rental and related revenue 217,915 201,803
General contractor and service fee revenue 9,399 23,151
Revenues, total 227,314 224,954
Expenses:    
Rental expenses 25,271 29,278
Real estate taxes 32,473 29,627
General contractor and other services expenses 7,624 20,920
Depreciation and amortization 81,557 77,798
Costs and expenses, total 146,925 157,623
Other operating activities:    
Equity in earnings of unconsolidated companies 4,749 21,860
Gain on sale of properties 37,046 15,577
Gain on land sales 1,505 130
Other operating expenses (738) (1,237)
Impairment charges (859) (6,405)
General and administrative expenses (19,232) (18,098)
Other Operating Activities, Net 22,471 11,827
Operating income 102,860 79,158
Other income (expenses):    
Interest and other income, net 533 2,523
Interest expense (30,505) (37,730)
Gain on debt extinguishment 25 0
Acquisition-related activity 0 (3)
Income from continuing operations before income taxes 72,913 43,948
Income tax expense (2,132) (343)
Income from continuing operations 70,781 43,605
Discontinued operations:    
Income before gain on sales 0 237
Gain on sale of depreciable properties, net of tax 0 (86)
Income from discontinued operations 0 151
Net income 70,781 43,756
Net loss (income) attributable to noncontrolling interests 71 (11)
Net income attributable to common shareholders $ 70,852 $ 43,745
Basic net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.20 $ 0.12
Diluted net income per common share/unit:    
Continuing operations attributable to common shareholders/unitholders $ 0.20 $ 0.12
Weighted average number of common shares/units outstanding 358,598 349,163
Weighted average number of common shares/units and potential dilutive securities 360,700 349,674
Comprehensive income:    
Net income $ 70,781 $ 43,756
Other comprehensive loss:    
Amortization of interest contracts (256) (295)
Comprehensive income $ 70,525 $ 43,461