Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

Note 14. Selected Quarterly Financial Data (Unaudited)

The following is a summary of our unaudited quarterly results of operations for 2012 and 2011. Reclassifications have been made to the prior quarterly results to reflect 40 office properties and 57 industrial & other properties reclassified to discontinued operations as of December 31, 2012, seven office properties and 20 industrial & other properties reclassified to continuing operations as of December 31, 2011, and 12 office properties and one industrial property reclassified to discontinued operations as of September 30, 2011.

	2012

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾			Fourth Quarter
Total revenues	$	243,378	$	249,797	$	255,225			$264,692
Net income (loss) available for CommonWealth REIT common shareholders		9,857		2,242		(122	)		(163,935	)
Net income (loss) available for CommonWealth REIT common shareholders per share—basic and diluted		0.12		0.03		—			(1.96	)
Common distributions declared		0.50		0.50		0.50			0.25

	2011

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾		Fourth Quarter⁽¹⁾
Total revenues	$	199,539	$	208,883	$	232,282	$	233,528
Net income available for CommonWealth REIT common shareholders		37,773		9,464		14,712		1,050
Net income available for CommonWealth REIT common shareholders per share—basic and diluted		0.52		0.13		0.18		0.01
Common distributions declared		0.50		0.50		0.50		0.50

⁽¹⁾: Amounts previously reported have been adjusted as follows:

	2012

	First Quarter			Second Quarter			Third Quarter
Total revenues as previously reported	$	251,246		$	255,374		$	261,661
Total revenues from properties reclassified to discontinued operations during 2012		(7,868	)		(5,577	)		(6,436	)

Total revenues restated	$	243,378		$	249,797		$	255,225

	2011

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Total revenues as previously reported	$	210,673		$	217,938		$	241,785		$	241,552
Total revenues from properties reclassified to discontinued operations during 2012		(11,134	)		(9,055	)		(9,503	)		(8,024	)

Total revenues restated	$	199,539		$	208,883		$	232,282		$	233,528

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details