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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental revenue $ 38,890 $ 55,273
Total revenues 41,752 58,588
Expenses:    
Operating expenses 15,780 24,599
Depreciation and amortization 8,585 13,903
General and administrative 12,096 13,339
Loss on asset impairment 0 12,087
Total expenses 36,461 63,928
Interest and other income, net 17,775 5,780
Interest expense (including net amortization of debt discounts, premiums and deferred financing fees of $165 and $801, respectively) (4,206) (10,115)
Loss on early extinguishment of debt 0 (4,867)
Gain on sale of properties, net 193,037 205,211
Income before income taxes 211,897 190,669
Income tax expense (1,300) (3,007)
Net income 210,597 187,662
Net income attributable to noncontrolling interest (79) (63)
Net income attributable to Equity Commonwealth 210,518 187,599
Preferred distributions (1,997) (1,997)
Net income attributable to Equity Commonwealth common shareholders $ 208,521 $ 185,602
Weighted average common shares outstanding — basic (in shares) 121,960 123,867
Weighted average common shares outstanding — diluted (in shares) 125,822 127,097
Earnings per common share attributable to Equity Commonwealth common shareholders:    
Basic (in dollars per share) $ 1.71 $ 1.50
Diluted (in dollars per share) $ 1.67 $ 1.48
Other revenue    
Revenues:    
Other revenue $ 2,862 $ 3,315