XML 26 R61.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Numerator for earnings per common share - basic and diluted:    
Income from continuing operations attributable to Equity Commonwealth common shareholders $ 13,630us-gaap_IncomeLossFromContinuingOperations $ 16,725us-gaap_IncomeLossFromContinuingOperations
Preferred distributions (6,981)us-gaap_PreferredStockDividendsIncomeStatementImpact (11,151)us-gaap_PreferredStockDividendsIncomeStatementImpact
Income from continuing operations attributable to Equity Commonwealth common shareholders 6,649eqc_IncomeLossfromContinuingOperationsAvailabletoCommonStockholders 5,574eqc_IncomeLossfromContinuingOperationsAvailabletoCommonStockholders
Discontinued operations 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 3,723us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Numerator for net income per share - basic and diluted $ 6,649us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 9,297us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Denominator for earnings per common share - basic and diluted:    
Weighted average common shares outstanding - basic (in shares) 129,696us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 118,400us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares outstanding — diluted (in shares) 129,874us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 118,400us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings per share - basic and diluted:    
Income from continuing operations (in dollars per share) $ 0.05us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $ 0.05us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
Discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
Net loss per share - basic and diluted (in dollars per share) $ 0.05us-gaap_EarningsPerShareBasicAndDiluted $ 0.08us-gaap_EarningsPerShareBasicAndDiluted
Effect of Series D preferred shares; 6 1/2% cumulative convertible    
Anti-dilutive securities:    
Anti-dilutive securities (in shares) 2,363us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_SeriesDPreferredStockMember
7,298us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_SeriesDPreferredStockMember