v3.10.0.1

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenues:
Rental	$ 5,182	$ 4,926	$ 10,483	$ 9,695
Total revenue	5,182	4,926	10,483	9,695
Expenses:
Rental operating expenses	1,588	1,557	3,360	3,232
Real estate taxes and insurance	1,228	1,409	2,592	2,645
Depreciation and amortization	1,834	1,785	3,759	3,544
Interest expense	415	424	832	851
Total expenses	5,065	5,175	10,543	10,272
Income (loss) before interest income	117	(249)	(60)	(577)
Interest income	1	2	2	4
Net income (loss) attributable to preferred stockholders	$ 118	$ (247)	$ (58)	$ (573)
Weighted average number of preferred shares outstanding, basic and diluted	2,210	2,210	2,210	2,210
Net income (loss) per preferred share, basic and diluted	$ 53	$ (112)	$ (26)	$ (259)

The amount of net income or loss for the period per each share of the preferred stock in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements.

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The average number of preferred shares or units issued and outstanding that are used in calculating basic and diluted EPS.

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- Definition

This element represents the total of the costs related to real estate revenues, including management, leasing, and development services.

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Total costs of sales and operating expenses for the period.

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The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

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Amount of the cost of borrowed funds accounted for as interest expense.

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Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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The net result for the period of deducting operating expenses from operating revenues.

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The aggregate revenue from real estate operations during the reporting period.

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The aggregate total of real estate taxes and insurance expense.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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FSP 303 East Wacker Drive Corp. 10-Q