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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data

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

 

2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

39,142

 

 

$

39,561

 

 

$

40,066

 

 

$

42,447

 

Net income (loss)

 

 

4,245

 

 

 

19,521

 

 

 

1,156

 

 

 

6,519

 

Net income (loss) allocable to common shares

 

 

4,077

 

 

 

18,739

 

 

 

1,097

 

 

 

6,293

 

Total earnings (loss) per share—Basic (1)

 

$

0.06

 

 

$

0.27

 

 

$

0.02

 

 

$

0.08

 

Total earnings (loss) per share—Diluted (1)

 

$

0.06

 

 

$

0.27

 

 

$

0.02

 

 

$

0.08

 

2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

38,666

 

 

$

38,327

 

 

$

38,364

 

 

$

38,031

 

Net income (loss)

 

 

(46

)

 

 

30,790

 

 

 

2,407

 

 

 

(42,706

)

Net income (loss) allocable to common shares

 

 

(75

)

 

 

28,987

 

 

 

2,267

 

 

 

(40,980

)

Total earnings (loss) per share—Basic (1)

 

$

 

 

$

0.61

 

 

$

0.05

 

 

$

(0.61

)

Total earnings (loss) per share—Diluted (1)

 

$

 

 

$

0.61

 

 

$

0.05

 

 

$

(0.61

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

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