Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

NOTE 8: Quarterly Financial Data (Unaudited)

The following table summarizes our quarterly financial data which, in the opinion of management, reflects all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of our results of operations:


	For the Three-Month Periods Ended
	March 31			June 30			September 30			December 31
2011:
Total revenue	$	—		$	2,174		$	3,222		$	3,272
Net income (loss)		(63	)		(189	)		(65	)		(53	)
Net income (loss) allocable to common shares		(63	)		27			(48	)		(28	)
Total earnings (loss) per share—Basic (a)	$	(3.16	)	$	1.35		$	(2.40	)	$	(1.40	)
Total earnings (loss) per share—Diluted (a)	$	(3.16	)	$	1.35		$	(2.40	)	$	(1.40	)
2010:
Total revenue	$	2		$	3		$	0		$	0
Net income (loss)		2			3			(1	)		0
Net income (loss) allocable to common shares		2			3			(1	)		0
Total earnings (loss) per share—Basic (a)	$	0.13		$	0.13		$	(0.06	)	$	—
Total earnings (loss) per share—Diluted (a)	$	0.13		$	0.13		$	(0.06	)	$	—

(a)	The summation of quarterly per share amounts do not equal the full year amounts.

- 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.

+ References+ Details