v3.19.3.a.u2

Selected Quarterly Results (unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Data [Abstract] |
Selected Quarterly Results (unaudited) | 20. Selected Quarterly Results (unaudited) Presented below is a summary of the Company’s unaudited quarterly financial information for the years ended December 31, 2019 and 2018:
|  | For the quarters ended |
(in thousands, except per share) |  | March 31, 2019 |  |  | June 30, 2019 |  |  | September 30, 2019 |  |  | December 31, 2019 |
Lease revenues |  | $ | 68,430 |  |  | $ | 69,053 |  |  | $ | 76,401 |  |  | $ | 84,931 |
Net income |  | $ | 15,022 |  |  | $ | 17,342 |  |  | $ | 25,038 |  |  | $ | 27,712 |
Net income attributable to non-controlling interests |  |  | (1,084 | ) |  |  | (1,208 | ) |  |  | (1,650 | ) |  |  | (1,778 | )
Net income attributable to Broadstone Net Lease, Inc. |  | $ | 13,938 |  |  | $ | 16,134 |  |  | $ | 23,388 |  |  | $ | 25,934 |
Net earnings per common share basic and diluted |  | $ | 0.62 |  |  | $ | 0.70 |  |  | $ | 0.95 |  |  | $ | 1.01 |
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 22,335 |  |  |  | 23,204 |  |  |  | 24,642 |  |  |  | 25,735 |
Diluted |  |  | 24,072 |  |  |  | 24,941 |  |  |  | 26,379 |  |  |  | 27,472 |
|  | For the quarters ended |
(in thousands, except per share) |  | March 31, 2018 |  |  | June 30, 2018 |  |  | September 30, 2018 |  |  | December 31, 2018 |
Lease revenues |  | $ | 55,589 |  |  | $ | 57,032 |  |  | $ | 61,764 |  |  | $ | 63,094 |
Net income |  | $ | 18,995 |  |  | $ | 18,386 |  |  | $ | 23,064 |  |  | $ | 14,660 |
Net income attributable to non-controlling interests |  |  | (1,422 | ) |  |  | (1,412 | ) |  |  | (1,797 | ) |  |  | (1,099 | )
Net income attributable to Broadstone Net Lease, Inc. |  | $ | 17,573 |  |  | $ | 16,974 |  |  | $ | 21,267 |  |  | $ | 13,561 |
Net earnings per common share basic and diluted |  | $ | 0.92 |  |  | $ | 0.86 |  |  | $ | 1.03 |  |  | $ | 0.63 |
Weighted average number of common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 19,167 |  |  |  | 19,829 |  |  |  | 20,554 |  |  |  | 21,416 |
Diluted |  |  | 20,719 |  |  |  | 21,478 |  |  |  | 22,291 |  |  |  | 23,154 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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