v3.22.2
ORION OFFICE REIT, CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenues $ 52,849 $ 12,587 $ 106,055 $ 25,615
Operating expenses:        
Property operating 15,156 1,483 30,470 2,951
General and administrative 3,291 515 6,808 1,071
Depreciation and amortization 33,828 5,955 68,181 11,943
Impairments 7,758 0 9,360 0
Acquisition related 141 0 204 0
Transaction costs 208 0 964 0
Total operating expenses 60,382 7,953 115,987 15,965
Other (expenses) income:        
Interest expense, net (7,867) (338) (14,714) (803)
Loss on extinguishment of debt, net 0 0 (468) 0
Other income, net 48 0 87 0
Equity in income (loss) of unconsolidated joint venture (54) 0 (95) 0
Total other (expenses) income, net (7,873) (338) (15,190) (803)
(Loss) income before taxes (15,406) 4,296 (25,122) 8,847
Provision for income taxes (164) 0 (330) 0
Net (loss) income (15,570) 4,296 (25,452) 8,847
Net (income) loss attributable to non-controlling interest (1) 0 (25) 0
Net (loss) income attributable to common stockholders $ (15,571) $ 4,296 $ (25,477) $ 8,847
Weighted-average shares outstanding - basic (in shares) 56,629,467 56,625,650 56,627,569 56,625,650
Weighted-average shares outstanding - diluted (in shares) 56,629,467 56,625,650 56,627,569 56,625,650
Basic net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.27) $ 0.08 $ (0.45) $ 0.16
Diluted net (loss) income per share attributable to common stockholders(in dollars per share) $ (0.27) $ 0.08 $ (0.45) $ 0.16
Rental        
Total revenues $ 52,659 $ 12,587 $ 105,676 $ 25,615
Fee income from unconsolidated joint venture        
Total revenues $ 190 $ 0 $ 379 $ 0

Source