Coresite realty corp (COR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Data center revenue:
Rental revenue

-

-

-

218,060

183,300

149,294

131,080

116,146

101,449

Interconnection revenue

75,751

69,709

62,293

53,077

44,234

35,355

28,932

21,637

12,677

Total operating revenues

572,727

544,392

481,821

400,352

333,292

272,420

234,833

206,934

172,846

Property operating and maintenance

157,293

152,357

132,820

107,212

89,805

75,119

64,260

61,235

55,049

Real estate taxes and insurance

22,866

19,239

14,913

14,250

12,144

7,578

8,458

8,765

9,119

Depreciation and amortization

152,925

141,633

129,251

108,652

95,702

80,722

65,785

64,327

68,967

Sales and marketing

22,439

21,023

18,176

17,495

15,930

14,554

14,405

10,330

5,744

General and administrative

43,764

40,090

37,548

35,369

34,179

27,842

27,317

25,910

21,846

Rent

32,624

27,696

24,125

22,631

21,075

20,397

19,659

18,711

18,336

Impairment of internal-use software

-

-

-

-

322

1,959

-

0

-

Transaction costs

-

75

176

126

51

62

279

613

875

Total operating expenses

431,911

402,113

357,009

305,735

269,208

228,233

200,163

189,891

179,936

Operating income

140,816

142,279

124,812

94,617

64,084

44,187

34,670

17,043

-7,090

Gain (loss) on real estate disposal

-

-

-

-

36

1,208

-

-

-

Gain on early extinguishment of debt

-

-

-

-

-

-

-

-

939

Interest income

-

-

-

-

-

6

32

13

117

Interest expense

41,712

35,526

24,147

12,577

7,098

5,311

2,689

5,236

5,275

Income before income taxes

99,104

106,753

100,665

82,040

57,022

40,090

32,013

11,820

-11,309

Income tax (expense) benefit

67

-10

174

119

163

38

401

1,104

-530

Net income

99,037

106,763

100,491

81,921

56,859

40,052

31,612

10,716

-10,779

Net income attributable to noncontrolling interests

23,197

28,841

25,636

23,212

22,153

17,287

12,771

5,668

-6,168

Net income attributable to CoreSite Realty Corporation

75,840

77,922

74,855

58,709

34,706

22,765

18,841

5,048

-4,611

Preferred stock dividends

-

-

7,924

8,338

8,338

8,338

8,338

440

-

Original issuance costs associated with redeemed preferred stock

-

-

4,326

-

-

-

-

-

-

Net income attributable to common shares

75,840

77,922

62,605

50,371

26,368

14,427

10,503

4,608

-4,611

Net income per share attributable to common shares:
Basic

2.06

2.23

1.85

1.56

1.05

0.68

0.50

0.22

-0.24

Diluted

2.05

2.22

1.84

1.54

1.03

0.66

0.49

0.22

-0.24

Weighted average common shares outstanding
Basic

36,766

34,957

33,792

32,289

25,218

21,161

20,826

20,537

19,609

Diluted

36,943

35,137

34,058

32,732

25,706

21,740

21,503

20,992

19,609

Rental, power, and related revenue
Rental revenue

485,131

463,086

407,680

-

-

-

-

-

-

Office, light-industrial and other revenue
Rental revenue

11,845

11,597

11,848

8,588

7,968

7,842

7,841

8,391

8,449

Power Revenue
Revenue

-

-

-

111,541

89,495

71,227

59,663

53,672

43,661

Tenant Reimbursement And Other Revenue
Revenue

-

-

-

9,086

8,295

8,702

7,317

7,088

6,610