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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental revenue $ 14,426 $ 14,114 $ 30,266 $ 28,283
Other revenue 1,115 761 1,961 1,443
Total revenues 15,541 14,875 32,227 29,726
Expenses:        
Operating expenses 6,592 6,588 11,125 13,209
Depreciation and amortization 4,313 4,432 8,725 8,783
General and administrative 7,646 7,390 15,648 23,119
Total expenses 18,551 18,410 35,498 45,111
Interest and other income, net 5,963 1,626 7,537 3,469
Income (loss) before income taxes 2,953 (1,909) 4,266 (11,916)
Income tax expense (50) (31) (58) (62)
Net income (loss) 2,903 (1,940) 4,208 (11,978)
Net (income) loss attributable to noncontrolling interest (7) 4 (10) 24
Net income (loss) attributable to Equity Commonwealth 2,896 (1,936) 4,198 (11,954)
Preferred distributions (1,997) (1,997) (3,994) (3,994)
Net income (loss) attributable to Equity Commonwealth common shareholders $ 899 $ (3,933) $ 204 $ (15,948)
Weighted average common shares outstanding — basic (in shares) 112,005 122,189 112,868 122,096
Weighted average common shares outstanding — diluted (in shares) 113,380 122,189 113,785 122,096
Earnings per common share attributable to Equity Commonwealth common shareholders:        
Basic (in dollars per share) $ 0.01 $ (0.03) $ 0.00 $ (0.13)
Diluted (in dollars per share) $ 0.01 $ (0.03) $ 0.00 $ (0.13)