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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental and related revenue $ 192,093 $ 165,836 $ 385,549 $ 337,512
General contractor and service fee revenue 18,465 23,576 59,566 32,975
Revenues, total 210,558 189,412 445,115 370,487
Expenses:        
Rental expenses 16,769 14,506 37,165 30,743
Real estate taxes 31,196 26,902 62,342 53,412
General contractor and other services expenses 15,253 22,374 55,662 29,998
Depreciation and amortization 75,832 67,013 153,361 129,036
Costs and expenses, total 139,050 130,795 308,530 243,189
Other operating activities:        
Equity in earnings of unconsolidated joint ventures 1,682 51,933 9,969 56,682
Promote income 0 20,007 0 20,007
Gain on sale of properties 149,962 34,341 194,848 71,387
Gain on land sales 357 1,279 3,306 2,784
Other operating expenses (1,137) (718) (1,923) (1,457)
Impairment charges 0 0 0 (859)
General and administrative expenses (13,459) (11,858) (34,482) (31,090)
Other Operating Activities, Net 137,405 94,984 171,718 117,454
Operating income 208,913 153,601 308,303 244,752
Other income (expenses):        
Interest and other income, net 4,727 2,260 9,190 2,792
Interest expense (20,675) (21,680) (40,675) (44,566)
Loss on debt extinguishment (151) (9,561) (151) (9,536)
Income from continuing operations before income taxes 192,814 124,620 276,667 193,442
Income tax expense (63) (5,426) (10,392) (7,557)
Income from continuing operations 192,751 119,194 266,275 185,885
Discontinued operations:        
Income before gain on sales and income tax 31 11,095 23 15,185
Gain on sale of depreciable properties 2,889 1,109,091 3,021 1,109,091
Income tax expense 0 11,613 0 11,613
Income from discontinued operations 2,920 1,108,573 3,044 1,112,663
Net income 195,671 1,227,767 269,319 1,298,548
Net income attributable to noncontrolling interests (1,826) (17,224) (2,511) (17,805)
Net income attributable to common shareholders $ 193,845 $ 1,210,543 $ 266,808 $ 1,280,743
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.53 $ 0.33 $ 0.74 $ 0.52
Discontinuing operations attributable to common shareholders/unitholders 0.01 3.07 0.01 3.08
Earnings Per Share, Basic 0.54 3.40 0.75 3.60
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.53 0.33 0.73 0.51
Discontinued operations attributable to common shareholders/unitholders 0.01 3.05 0.01 3.06
Earnings Per Share, Diluted $ 0.54 $ 3.38 $ 0.74 $ 3.57
Weighted average number of common shares/units outstanding 357,054 355,647 356,898 355,466
Weighted average number of common shares/units and potential dilutive securities 362,741 361,981 362,551 361,789
Comprehensive income:        
Net income $ 195,671 $ 1,227,767 $ 269,319 $ 1,298,548
Other comprehensive loss:        
Amortization of interest contracts 0 (426) 0 (682)
Comprehensive income 195,671 1,227,341 269,319 1,297,866
Duke Realty Limited Partnership [Member]        
Revenues:        
Rental and related revenue 192,093 165,836 385,549 337,512
General contractor and service fee revenue 18,465 23,576 59,566 32,975
Revenues, total 210,558 189,412 445,115 370,487
Expenses:        
Rental expenses 16,769 14,506 37,165 30,743
Real estate taxes 31,196 26,902 62,342 53,412
General contractor and other services expenses 15,253 22,374 55,662 29,998
Depreciation and amortization 75,832 67,013 153,361 129,036
Costs and expenses, total 139,050 130,795 308,530 243,189
Other operating activities:        
Equity in earnings of unconsolidated joint ventures 1,682 51,933 9,969 56,682
Promote income 0 20,007 0 20,007
Gain on sale of properties 149,962 34,341 194,848 71,387
Gain on land sales 357 1,279 3,306 2,784
Other operating expenses (1,137) (718) (1,923) (1,457)
Impairment charges 0 0 0 (859)
General and administrative expenses (13,459) (11,858) (34,482) (31,090)
Other Operating Activities, Net 137,405 94,984 171,718 117,454
Operating income 208,913 153,601 308,303 244,752
Other income (expenses):        
Interest and other income, net 4,727 2,260 9,190 2,792
Interest expense (20,675) (21,680) (40,675) (44,566)
Loss on debt extinguishment (151) (9,561) (151) (9,536)
Income from continuing operations before income taxes 192,814 124,620 276,667 193,442
Income tax expense (63) (5,426) (10,392) (7,557)
Income from continuing operations 192,751 119,194 266,275 185,885
Discontinued operations:        
Income before gain on sales and income tax 31 11,095 23 15,185
Gain on sale of depreciable properties 2,889 1,109,091 3,021 1,109,091
Income tax expense 0 11,613 0 11,613
Income from discontinued operations 2,920 1,108,573 3,044 1,112,663
Net income 195,671 1,227,767 269,319 1,298,548
Net income attributable to noncontrolling interests (2) (5,984) (4) (5,913)
Net income attributable to common shareholders $ 195,669 $ 1,221,783 $ 269,315 $ 1,292,635
Basic net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders $ 0.53 $ 0.33 $ 0.74 $ 0.52
Discontinuing operations attributable to common shareholders/unitholders 0.01 3.07 0.01 3.08
Earnings Per Share, Basic 0.54 3.40 0.75 3.60
Diluted net income per common share/unit:        
Continuing operations attributable to common shareholders/unitholders 0.53 0.33 0.73 0.51
Discontinued operations attributable to common shareholders/unitholders 0.01 3.05 0.01 3.06
Earnings Per Share, Diluted $ 0.54 $ 3.38 $ 0.74 $ 3.57
Weighted average number of common shares/units outstanding 360,447 358,952 360,272 358,776
Weighted average number of common shares/units and potential dilutive securities 362,741 361,981 362,551 361,789
Comprehensive income:        
Net income $ 195,671 $ 1,227,767 $ 269,319 $ 1,298,548
Other comprehensive loss:        
Amortization of interest contracts 0 (426) 0 (682)
Comprehensive income $ 195,671 $ 1,227,341 $ 269,319 $ 1,297,866