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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Rental income $ 109,888 $ 167,972
Tenant reimbursements and other income 27,247 45,083
Total revenues 137,135 213,055
Expenses:    
Operating expenses 57,258 97,871
Depreciation and amortization 36,251 62,699
General and administrative 13,312 16,558
Loss on asset impairment 0 1,904
Total expenses 106,821 179,032
Operating income 30,314 34,023
Interest and other income 1,967 3,448
Interest expense (including net amortization of debt discounts, premiums and deferred financing fees of $983 and $29, respectively) (22,347) (29,842)
Loss on early extinguishment of debt (118) (428)
Foreign currency exchange loss (5) 0
Gain on sale of properties 36,666 5,868
Income before income taxes 46,477 13,069
Income tax (expense) benefit (75) 561
Net income 46,402 13,630
Preferred distributions (6,981) (6,981)
Net income attributable to Equity Commonwealth common shareholders $ 39,421 $ 6,649
Weighted average common shares outstanding — basic (in shares) 125,840 129,696
Weighted average common shares outstanding — diluted (in shares) 127,522 129,874
Earnings per common share attributable to Equity Commonwealth common shareholders:    
Basic (in USD per share) $ 0.31 $ 0.05
Diluted (in USD per share) $ 0.31 $ 0.05