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8-K - 8-K - OFFICE PROPERTIES INCOME TRUSTa12-24022_38k.htm
EX-23.1 - EX-23.1 - OFFICE PROPERTIES INCOME TRUSTa12-24022_3ex23d1.htm

Exhibit 99.1

 

The following table sets forth consolidated comprehensive income statement data for the periods indicated.  This data should be read in conjunction with, and is qualified in its entirety by reference to, the consolidated financial statements and accompanying notes included in Item 15. “Exhibits and Financial Statement Schedules” of our Annual Report on Form 10-K for the year ended December 31, 2011.  We adopted ASU No. 2011-05, Presentation of Comprehensive Income, on January 1, 2012.  The implementation of this update did not cause any material changes to our consolidated financial statements, other than the presentation of the consolidated statements of comprehensive income.  The following consolidated comprehensive income statement data for the years ended December 31, 2011, 2010 and 2009 is provided below to comply with the retrospective application requirement of ASU No. 2011-05.  Amounts are in thousands.

 

Consolidated Statement of Comprehensive Income Data:

 

 

 

Year Ended December 31,

 

 

 

2011

 

2010

 

2009

 

Net income

 

$

45,997

 

$

27,795

 

$

25,981

 

 

 

 

 

 

 

 

 

Other comprehensive income:

 

 

 

 

 

 

 

Equity in unrealized gain of an investee (1)

 

75

 

2

 

 

Total other comprehensive income

 

75

 

2

 

 

 

 

 

 

 

 

 

 

Comprehensive income

 

$

46,072

 

$

27,797

 

$

25,981

 

 


(1) Equity in unrealized gain of an investee represents our proportionate share of earnings from our investment in Affiliates Insurance Company.