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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)

The following tables set forth quarterly financial information of the Company:

 
Year Ended December 31, 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
169,408

 
$
177,283

 
$
180,185

 
$
175,861

 
$
702,737

 
 
 
 
 
 
 
 
 
 
Net income
33,485

 
39,554

 
59,549

 
59,075

 
191,663

Net (income) attributable to noncontrolling interests in the Operating Partnership
(888
)
 
(1,043
)
 
(1,571
)
 
(1,557
)
 
(5,059
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(300
)
 
(299
)
 
(315
)
 
(325
)
 
(1,239
)
Dividends on Preferred Stock
(623
)
 
(623
)
 
(623
)
 
(623
)
 
(2,492
)
Net income available for common stockholders
$
31,674

 
$
37,589

 
$
57,040

 
$
56,570

 
$
182,873

Earnings per Common Share – basic:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.31

 
$
0.37

 
$
0.55

 
$
0.55

 
$
1.78

Earnings per Common Share – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.31

 
$
0.37

 
$
0.55

 
$
0.55

 
$
1.78



 
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
164,859

 
$
166,860

 
$
166,269

 
$
167,646

 
$
665,634

 
 
 
 
 
 
 
 
 
 
Income from continuing operations
28,142

 
33,528

 
33,840

 
27,036

 
122,546

Income from discontinued operations (1)
418,593

 
—

 
—

 
—

 
418,593

Net income
446,735

 
33,528

 
33,840

 
27,036

 
541,139

Net (income) attributable to noncontrolling interests in the Operating Partnership
(13,011
)
 
(939
)
 
(926
)
 
(720
)
 
(15,596
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(308
)
 
(314
)
 
(319
)
 
(312
)
 
(1,253
)
Dividends on Preferred Stock
(626
)
 
(627
)
 
(624
)
 
(624
)
 
(2,501
)
Net income available for common stockholders
$
432,790

 
$
31,648

 
$
31,971

 
$
25,380

 
$
521,789

Earnings per Common Share – basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.27

 
$
0.32

 
$
0.32

 
$
0.25

 
$
1.17

Income from discontinued operations available for common stockholders
4.22

 
—

 
—

 
—

 
4.13

Net income available for common stockholders
$
4.49

 
$
0.32

 
$
0.32

 
$
0.25

 
$
5.30

Earnings per Common Share – diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.27

 
$
0.32

 
$
0.32

 
$
0.25

 
$
1.17

Income from discontinued operations available for common stockholders
4.22

 
—

 
—

 
—

 
4.13

Net income available for common stockholders
$
4.49

 
$
0.32

 
$
0.32

 
$
0.25

 
$
5.30

__________
(1)
See Note 2 for a discussion regarding the sales of the Plaza assets.


19.
Quarterly Financial Data (Unaudited) - Continued

The following tables set forth quarterly financial information of the Operating Partnership:

 
Year Ended December 31, 2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
169,408

 
$
177,283

 
$
180,185

 
$
175,861

 
$
702,737

 
 
 
 
 
 
 
 
 
 
Net income
33,485

 
39,554

 
59,549

 
59,075

 
191,663

Net (income) attributable to noncontrolling interests in consolidated affiliates
(300
)
 
(299
)
 
(315
)
 
(325
)
 
(1,239
)
Distributions on Preferred Units
(623
)
 
(623
)
 
(623
)
 
(623
)
 
(2,492
)
Net income available for common unitholders
$
32,562

 
$
38,632

 
$
58,611

 
$
58,127

 
$
187,932

Earnings per Common Unit – basic:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.31

 
$
0.37

 
$
0.55

 
$
0.55

 
$
1.79

Earnings per Common Unit – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.31

 
$
0.37

 
$
0.55

 
$
0.55

 
$
1.79



 
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
164,859

 
$
166,860

 
$
166,269

 
$
167,646

 
$
665,634

 
 
 
 
 
 
 
 
 
 
Income from continuing operations
28,142

 
33,528

 
33,840

 
27,036

 
122,546

Income from discontinued operations (1)
418,593

 
—

 
—

 
—

 
418,593

Net income
446,735

 
33,528

 
33,840

 
27,036

 
541,139

Net (income) attributable to noncontrolling interests in consolidated affiliates
(308
)
 
(314
)
 
(319
)
 
(312
)
 
(1,253
)
Distributions on Preferred Units
(626
)
 
(627
)
 
(624
)
 
(624
)
 
(2,501
)
Net income available for common unitholders
$
445,801

 
$
32,587

 
$
32,897

 
$
26,100

 
$
537,385

Earnings per Common Unit – basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.28

 
$
0.33

 
$
0.32

 
$
0.25

 
$
1.18

Income from discontinued operations available for common unitholders
4.23

 
—

 
—

 
—

 
4.15

Net income available for common unitholders
$
4.51

 
$
0.33

 
$
0.32

 
$
0.25

 
$
5.33

Earnings per Common Unit – diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common unitholders
$
0.28

 
$
0.33

 
$
0.32

 
$
0.25

 
$
1.18

Income from discontinued operations available for common unitholders
4.23

 
—

 
—

 
—

 
4.14

Net income available for common unitholders
$
4.51

 
$
0.33

 
$
0.32

 
$
0.25

 
$
5.32


__________
(1)
See Note 2 for a discussion regarding the sales of the Plaza assets.