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 2015 Y2016 Y2017 Y2018 Y2019 Q2 YTD
Source Document12/31/201712/31/201812/31/201812/31/20186/30/2019
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Revenues 
Rental NANANANA58,159
Management, transaction, and other fees NANANANA1,113
Total revenues 71,84380,06894,56886,64459,272
Other revenues 21,57324,36931,39133,219NA
Total property revenues 93,416104,437125,959119,863NA
Property expenses 
Depreciation and amortization 19,76122,45727,24025,67913,076
Operating and maintenance 18,69819,70924,21321,0699,642
Real estate taxes 12,63714,38317,89716,3628,064
General and administrative 20,31223,92223,94923,28110,917
Total operating expenses 31,33534,09242,11037,43141,699
Other expenses (income) 
Interest expense 14,91019,23923,65125,17713,059
Gain on sale of properties 03,357164,6290
Loss on sale or disposal of assets (185)(96)(183)(82)115
Interest, dividend and other investment income (313)(429)(410)(1,055)(409)
Total other expense 54,67065,18974,43064,65112,765
Profit sharing expense NA(15)(278)0NA
Income before gain (loss) on sale or disposal of properties or assets, income taxes, and profit sharing expense 7,4115,1569,41917,781NA
Income before equity investments in real estate partnerships and income tax NANANANA4,808
Equity in earnings of real estate partnership NA00(8,431)956
Provision for income tax (372)(289)(386)(347)(222)
Income from continuing operations 6,854NANANA5,542
Gain on sale of property from discontinued operations NANANANA701
Income from discontinued operations 
Income from discontinued operations 11NANANA701
Total Income from discontinued operations 11NANANANA
Net income 6,8658,1138,58821,9816,243
Redeemable operating partnership units 116NANANANA
Non-controlling interests in Consolidated Partnership 0NANANANA
Less - Net income attributable to noncontrolling interests 116182254550142
Net income attributable to Whitestone REIT 6,7497,9318,33421,4316,101
Basic Earnings Per Share 
Income (loss) from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares 0.25NANANA0.13
Income from discontinued operations attributable to Whitestone REIT 0.00NANANA0.02
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares 0.250.260.220.540.15
Diluted Earnings Per Share 
Income (loss) from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares 0.24NANANA0.13
Income from discontinued operations attributable to Whitestone REIT 0.00NANANA0.02
Net income attributable to common shareholders, excluding amounts attributable to unvested restricted shares 0.240.260.220.520.15
Weighted average number of common shares outstanding 
Basic 24,63127,61835,42839,27439,768
Diluted 25,68328,38336,25540,61240,853
Distributions declared per common share / OP unit 1.141.141.141.14NA
Consolidated Statements of Comprehensive Income 
Net income 6,8658,1138,58821,9816,243
Other comprehensive gain (loss) 
Unrealized gain (loss) on cash flow hedging activities 469292,0221,192(9,505)
Unrealized gain on available-for-sale marketable securities (85)82118180
Comprehensive income (loss) 6,8269,12410,72823,191(3,262)
Less - Net income attributable to noncontrolling interests 116182254550142
Less - Comprehensive gain (loss) attributable to noncontrolling interests (1)236330(217)
Comprehensive income (loss) attributable to Whitestone REIT 6,7118,91910,41122,611(3,187)


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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