Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2013

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

Note 16. Selected Quarterly Financial Data (Unaudited)

The following is a summary of our unaudited quarterly results of operations for 2013 and 2012. Reclassifications have been made to the prior quarterly results to reflect properties reclassified to discontinued operations during 2013.

	2013

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾			Fourth Quarter
Total revenues	$	242,653	$	246,181	$	198,283			$198,419
Net income (loss) available for CommonWealth REIT common shareholders		14,516		7,738		(227,466	)		(16,452	)
Net income (loss) available for CommonWealth REIT common shareholders per share—basic and diluted		0.15		0.07		(1.92	)		(0.14	)
Common distributions declared		0.25		0.25		0.25			0.25

	2012

	First Quarter⁽¹⁾		Second Quarter⁽¹⁾		Third Quarter⁽¹⁾			Fourth Quarter
Total revenues	$	209,970	$	217,346	$	222,632		$	231,957
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

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

	2013

	First Quarter			Second Quarter			Third Quarter
Total revenues as previously reported	$	275,048		$	274,766		$	201,741
Total revenues from properties reclassified to discontinued operations during 2013		(32,395	)		(28,585	)		(3,458	)


Total revenues restated	$	242,653		$	246,181		$	198,283

	2012

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Total revenues as previously reported	$	243,378		$	249,797		$	255,225		$	264,692
Total revenues from properties reclassified to discontinued operations during 2013		(33,408	)		(32,451	)		(32,593	)		(32,735	)


Total revenues restated	$	209,970		$	217,346		$	222,632		$	231,957

- 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.

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