Condensed Consolidated Statement of Income (unaudited) - 2 months ended Jun. 30, 2015 - USD ($) shares in Thousands, $ in Thousands |
Total |
|---|---|
| Revenues: | |
| Total revenues | $ 128,748 |
| Costs and Expenses: | |
| Interest expense | 48,797 |
| Depreciation and amortization | 64,444 |
| General and administrative expense | 3,234 |
| Total costs and expenses | 120,216 |
| Income before income taxes | 8,532 |
| Income tax expense | 231 |
| Net income | 8,301 |
| Participating securities' share in earnings | (325) |
| Net income applicable to common shareholders | $ 7,976 |
| Earnings per common share: | |
| Basic | $ 0.05 |
| Diluted | $ 0.05 |
| Weighted-average number of common shares outstanding | |
| Basic | 149,827 |
| Diluted | 149,827 |
| Dividends declared per common share | $ 0.44 |
| Rental Revenues | |
| Revenues: | |
| Total revenues | $ 124,172 |
| Costs and Expenses: | |
| Depreciation and amortization | 63,801 |
| Consumer CLEC | |
| Revenues: | |
| Total revenues | 4,576 |
| Costs and Expenses: | |
| Depreciation and amortization | 643 |
| CLEC operating expense | $ 3,741 |