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Quarterly Results of Operations - Unaudited

12 Months Ended

Dec. 31, 2011

Quarterly Results of Operations - Unaudited [Abstract]

Quarterly Results of Operations - Unaudited

Note 9. Quarterly Results of Operations – Unaudited


	2011 Quarter Ended
	March 31			June 30			September 30			December 31
Total revenues	$	3,370		$	3,766		$	4,777		$	5,589
Total costs and expenses		(4,312	)		(5,266	)		(4,241	)		(4,798	)
Total other income and expenses		(364	)		(461	)		(804	)		(985	)

Net loss available to common stockholders	$	(1,306	)	$	(1,961	)	$	(268	)	$	(194	)

Basic and Diluted net loss available to common stockholders per share ¹	$	(0.14	)	$	(0.21	)	$	(0.03	)	$	(0.02	)

Basic and Diluted Weighted Average Common Shares Outstanding		9,132,766			9,164,741			9,174,274			9,174,747


	2010 Quarter Ended
	March 31 ²			June 30			September 30			December 31
Total revenues	$	12		$	333		$	642		$	3,044
Total costs and expenses		(771	)		(1,580	)		(3,241	)		(3,369	)
Total other income and expenses		2			(84	)		(105	)		(273	)

Net loss available to common stockholders	$	(757	)	$	(1,331	)	$	(2,704	)	$	(598	)

Basic and Diluted net loss available to common stockholders per share ¹	$	(0.08	)	$	(0.15	)	$	(0.30	)	$	(0.07	)

Basic and Diluted Weighted Average Common Shares Outstanding		9,112,000			9,112,000			9,112,000			9,112,000

¹

The above quarterly losses per share calculations are based on the weighted average number of common shares outstanding during each quarter. The losses per share calculation for the year ended December 31, 2011 and for the period from February 16, 2010 (commencement of operations) to December 31, 2010 in the Consolidated Statements of Operations is based on the weighted average number of common shares outstanding for the year ended December 31, 2011 and for the period from February 16, 2010 (commencement of operations) to December 31, 2010, respectively. The sum of the quarterly financial data may vary from the year December 31, 2011 and the period from February 16, 2010 (commencement of operations) to December 31, 2010 data due to rounding.

²	Represents the period from February 16 (commencement of operations) to March 31, 2010.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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