Equity Investments (Tables) (SIR)

3 Months Ended

Mar. 31, 2015

SIR

Equity Investments

Summary of Unaudited Income Statement Information of Equity Method Investee

The following unaudited summarized income statement information of SIR as reported in SIR's Quarterly Report on Form 10-Q for the three months ended March 31, 2014 is as follows (in thousands, except per share data):

	Three Months Ended   March 31, 2014
Rental income	$	45,063
Tenant reimbursements and other income	7,965
Total revenues	53,028
Operating expenses	9,979
Depreciation and amortization	9,294
Acquisition related costs	238
General and administrative	5,176
Total expenses	24,687
Operating income	28,341
Interest expense	(3,358		)
Gain on early extinguishment of debt	243
Income before income tax expense and equity in earnings of an investee	25,226
Income tax expense	(71		)
Equity in loss of an investee	(97		)
Net income	$	25,058
Weighted average common shares outstanding	49,841
Net income per common share	$	0.50