Equity Investments (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2014 is as follows (in thousands, except per share data):

	Three Months Ended			Six Months Ended
	June 30, 2014
Rental income	$	48,465		93,528
Tenant reimbursements and other income	8,092			16,057
Total revenues	56,557			109,585
Operating expenses	9,985			19,964
Depreciation and amortization	10,495			19,789
Acquisition related costs	136			374
General and administrative	2,198			7,374
Total expenses	22,814			47,501
Operating income	33,743			62,084
Interest expense	(3,634		)	(6,992		)
Gain on early extinguishment of debt	—			243
Income before income tax expense and equity in earnings of an investee	30,109			55,335
Income tax expense	(19		)	(90		)
Equity in earnings of an investee	118			21
Net income	$	30,208		$	55,266
Weighted average common shares outstanding	54,178			52,021
Net income per common share	$	0.56		$	1.06