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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Rental revenue $ 13,893 $ 14,226
Other revenue 1,297 1,350
Total revenues 15,190 15,576
Expenses:    
Operating expenses 6,534 7,256
Depreciation and amortization 4,357 4,310
General and administrative 8,323 8,555
Total expenses 19,214 20,121
Interest and other income, net 29,512 28,376
Income before income taxes 25,488 23,831
Income tax expense (30) (1,080)
Net income 25,458 22,751
Net income attributable to noncontrolling interest (53) (66)
Net income attributable to Equity Commonwealth 25,405 22,685
Preferred distributions (1,997) (1,997)
Net income attributable to Equity Commonwealth common shareholders $ 23,408 $ 20,688
Weighted average common shares outstanding — basic (in shares) 107,216 109,720
Weighted average common shares outstanding — diluted (in shares) 108,224 111,300
Earnings per common share attributable to Equity Commonwealth common shareholders:    
Basic (in dollars per share) $ 0.22 $ 0.19
Diluted (in dollars per share) 0.22 0.19
Distributions declared per common share (in dollars per share) $ 0 $ 4.25