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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
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

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

45,755

 

 

$

46,889

 

 

$

48,779

 

 

$

49,809

 

Net income (loss)

 

 

3,500

 

 

 

3,545

 

 

 

4,836

 

 

 

14,729

 

Net income (loss) allocable to common shares

 

 

3,412

 

 

 

3,509

 

 

 

4,787

 

 

 

14,580

 

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

 

$

0.04

 

 

$

0.04

 

 

$

0.05

 

 

$

0.16

 

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

 

$

0.04

 

 

$

0.04

 

 

$

0.05

 

 

$

0.16

 

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

 

 

 

(1)

The summation of quarterly per share amounts may not equal the full year amounts due to rounding.