Consolidated Statements of Operations (in thousands, except share and per share data) 11 OVERVIEW FINANCIAL STATEMENTS OPERATING PORTFOLIO DEVELOPMENT CAPITAL STRUCTURE Components of NAV 2015 GUIDANCE APPENDIX Three Months Ended Nine Months Ended September 30, 2015 June 30, 2015 September 30, 2014 September 30, 2015 September 30, 2014 Operating revenues: Data center revenue: Rental revenue $ 47,135 $ 44,824 $ 38,315 $ 133,282 $ 110,152 Power revenue 23,716 21,792 18,687 65,177 51,264 Interconnection revenue 11,400 10,595 9,169 32,210 25,819 Tenant reimbursement and other 2,357 2,276 2,328 6,049 6,711 Total data center revenue 84,608 79,487 68,499 236,718 193,946 Office, light-industrial and other revenue 1,947 1,969 2,016 6,050 5,982 Total operating revenues 86,555 81,456 70,515 242,768 199,928 Operating expenses: Property operating and maintenance 24,376 22,204 20,043 66,360 54,866 Real estate taxes and insurance 3,216 3,270 3,073 8,421 5,059 Depreciation and amortization 24,347 24,046 20,914 71,209 58,300 Sales and marketing 3,775 4,256 3,806 11,813 11,141 General and administrative 8,644 7,952 7,145 24,461 21,582 Rent 5,440 5,007 5,113 15,690 15,249 Impairment of internal-use software — — — — 1,959 Transaction costs 6 45 49 51 62 Total operating expenses 69,804 66,780 60,143 198,005 168,218 Operating income 16,751 14,676 10,372 44,763 31,710 Gain on real estate disposal — — — 36 — Interest income 1 2 1 5 5 Interest expense (2,188) (1,730) (1,361) (5,183) (3,949) Income before income taxes 14,564 12,948 9,012 39,621 27,766 Income tax expense (34) (66) (22) (149) (20) Net income 14,530 12,882 8,990 39,472 27,746 Net income attributable to noncontrolling interests 5,526 5,259 3,759 16,193 11,730 Net income attributable to CoreSite Realty Corporation 9,004 7,623 5,231 23,279 16,016 Preferred stock dividends (2,084) (2,085) (2,084) (6,253) (6,253) Net income attributable to common shares $ 6,920 $ 5,538 $ 3,147 $ 17,026 $ 9,763 Net income per share attributable to common shares: Basic $ 0.26 $ 0.23 $ 0.15 $ 0.71 $ 0.46 Diluted $ 0.26 $ 0.22 $ 0.14 $ 0.69 $ 0.45 Weighted average common shares outstanding: Basic 26,126,332 24,536,583 21,214,825 24,029,106 21,113,700 Diluted 26,549,537 25,055,195 21,708,759 24,544,612 21,679,931
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