Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

The following is a summary of our unaudited quarterly results of operations for 2018 and 2017 (dollars in thousands):



	2018
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenues	$	58,588	$	48,636	$	46,873	$	42,925
Net income attributable to Equity Commonwealth common shareholders	185,602		35,036		30,767		13,420
Net income attributable to Equity Commonwealth common shareholders per share—basic	1.50		0.29		0.25		0.11
Net income attributable to Equity Commonwealth common shareholders per share—diluted	1.48		0.29		0.25		0.11

The first quarter 2018 net income attributable to Equity Commonwealth common shareholders was primarily attributable to the gain on sale of properties of $205.2 million. The decrease in the second, third and fourth quarter 2018 total revenues is primarily attributable to properties sold in 2018.



	2017
	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Total revenues	$	99,551	$	91,599		$	77,798	$	71,623
Net income (loss) attributable to Equity Commonwealth common shareholders	21,817		(7,806		)	31,215		(23,558		)
Net income (loss) attributable to Equity Commonwealth common shareholders per share—basic	0.18		(0.06		)	0.25		(0.19		)
Net income (loss) attributable to Equity Commonwealth common shareholders per share—diluted	0.17		(0.06		)	0.25		(0.19		)

The decrease in the third and fourth quarter 2017 total revenues is primarily attributable to properties sold in 2017. The second quarter 2017 net loss attributable to Equity Commonwealth common shareholders was primarily attributable to the loss on asset impairment of $18.4 million. The fourth quarter 2017 net loss attributable to Equity Commonwealth common shareholders was primarily attributable to the loss on sale of properties of $29.2 million.