Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

The following is a summary of our unaudited quarterly results of operations for 2014 and 2013. Reclassifications have been made to the prior quarterly results to reflect properties reclassified from discontinued operations to continuing operations during 2014.

	2014
	First Quarter(1)		Second Quarter(1)			Third Quarter(1)		Fourth Quarter
Total revenues	$	217,260	$	215,194		$	216,595	$	212,808
Net income (loss) attributable to Equity Commonwealth common shareholders	9,297		(17,802		)	149,759		(165,542		)
Net income (loss) attributable to Equity Commonwealth common shareholders per share—basic and diluted	0.08		(0.14		)	1.16		(1.28		)
Common distributions declared	0.25		—			—		—

The decrease in the second quarter 2014 net loss attributable to Equity Commonwealth common shareholders was primarily attributable to a loss on asset impairment of $22.7 million. The increase in third quarter 2014 net income attributable to Equity Commonwealth common shareholders was largely attributable to the gain on equity investment in SIR of $171.8 million. The decrease in the fourth quarter 2014 net loss attributable to Equity Commonwealth common shareholders was impacted by a loss on asset impairment of $167.1 million.

	2013
	First Quarter(1)		Second Quarter(1)		Third Quarter(1)			Fourth Quarter
Total revenues	$	262,612	$	262,188	$	214,201		$	214,028
Net income (loss) attributable to Equity Commonwealth common shareholders	14,516		7,738		(227,466		)	(16,452		)
Net income (loss) attributable to Equity Commonwealth 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

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

	2013
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenues as previously reported	$	242,653	$	246,181	$	198,283	$	198,419
Total revenues from properties reclassified to discontinued operations during 2014	19,959		16,007		15,918		15,609
Total revenues restated	$	262,612	$	262,188	$	214,201	$	214,028

The decrease in revenues and net loss attributable to Equity Commonwealth common shareholders for the third quarter and fourth quarter 2013 were largely the result of the deconsolidation of SIR, which occurred in July 2013. Also, negatively impacting the net loss attributable to Equity Commonwealth common shareholders in the third quarter was the loss on asset impairment of $124.3 million.