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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Rental revenue $ 55,336 $ 58,763 $ 54,927
Other revenue 5,188 4,377 3,075
Total revenues 60,524 63,140 58,002
Expenses:      
Operating expenses 27,462 24,184 25,893
Depreciation and amortization 17,444 17,810 17,774
General and administrative 36,974 30,378 37,444
Total expenses 81,880 72,372 81,111
Interest and other income, net 114,667 46,945 6,800
Gain on sale of properties, net 0 97 0
Income (loss) before income taxes 93,311 37,810 (16,309)
Income tax expense (1,866) (453) (120)
Net income (loss) 91,445 37,357 (16,429)
Net (income) loss attributable to noncontrolling interest (281) (94) 33
Net income (loss) attributable to Equity Commonwealth 91,164 37,263 (16,396)
Preferred distributions (7,988) (7,988) (7,988)
Net income (loss) attributable to Equity Commonwealth common shareholders $ 83,176 $ 29,275 $ (24,384)
Weighted average common shares outstanding — basic (in shares) 108,841 111,674 121,411
Weighted average common shares outstanding — diluted (in shares) 110,185 112,825 121,411
Earnings per common share attributable to Equity Commonwealth common shareholders:      
Basic (in dollars per share) $ 0.76 $ 0.26 $ (0.20)
Diluted (in dollars per share) $ 0.75 $ 0.26 $ (0.20)