Quarterly report pursuant to Section 13 or 15(d)

VEREIT OFFICE ASSETS, COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS

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VEREIT OFFICE ASSETS, COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
VEREIT Office Assets        
Total revenues $ 40,655 $ 42,472 $ 121,990 $ 129,045
Operating expenses:        
Property operating (including reimbursable) 9,997 11,991 30,811 34,567
General and administrative 1,483 1,635 5,058 5,271
Depreciation and amortization 14,790 15,122 44,234 47,375
Impairments 6,440 0 28,064 199
Total operating expenses 32,710 28,748 108,167 87,412
Other (expenses) income:        
Interest expense (1,706) (2,440) (5,522) (7,412)
(Loss) gain on disposition of real estate assets, net 0 (1,653) 0 9,781
Loss on extinguishment of debt, net (5) 0 (85) (1,686)
Equity in income of unconsolidated joint venture 211 182 621 381
Other income, net 95 11 146 28
Total other (expenses) income, net (1,405) (3,900) (4,840) 1,092
Income before taxes 6,540 9,824 8,983 42,725
Provision for income taxes (156) (159) (469) (480)
Net income 6,384 9,665 8,514 42,245
Net loss attributable to non-controlling interest 10 15 41 29
Net income attributable to VEREIT Office Assets 6,394 9,680 8,555 42,274
Rental revenue (including reimbursable) | VEREIT Office Assets        
Total revenues 40,494 42,370 121,389 128,583
Fee income from unconsolidated joint venture | VEREIT Office Assets        
Total revenues $ 161 $ 102 $ 601 $ 462