Summary of Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Summary of Unaudited Quarterly Financial Information

The following financial information reflects all normal recurring adjustments, which are, in the opinion of management, necessary for a fair statement of the results and cash flows of interim periods. Summarized quarterly data for fiscal years 2016 and 2015 are as follows (in thousands, except per share amounts):



	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
2016
Total revenues	$	29,648		$	19,521		$	21,619		$	38,185
Total operating costs and expenses	14,552			15,552			16,153			18,831
Income tax (expense) benefit	(3,694		)	3,881			(160		)	(10,354		)
Income (loss) from continuing operations	5,877			(6,170		)	1,051			(3,125		)
Income from discontinued operations	731			—			—			—
Net income (loss)	6,608			(6,170		)	1,051			(3,125		)
Basic per share amounts:
Net income (loss)	$	0.32		$	(0.30	)	$	0.05		$	0.15
Diluted per share amounts:
Net income (loss)	0.30			(0.30		)	0.05			0.15

Weighted average shares—basic	20,708			20,832			20,887			20,898
Weighted average shares—diluted	22,284			20,832			22,997			20,898

2015
Total revenues	$	14,602		$	18,418		$	17,701		$	21,193
Total operating costs and expenses	11,253			14,053			9,104			10,175
Income tax (expense) benefit	(15		)	(265		)	191,881			514
(Loss) income from continuing operations	(89		)	22,027			199,165			6,341
Net loss attributable to noncontrolling interests	(843		)	(1,537		)	—			—
Net income	754			23,564			199,165			6,341
Basic per share amounts:
Net income	$	0.04		$	1.19		$	10.01		$	0.32
Diluted per share amounts:
Net income	$	0.04		$	1.11		$	9.28		$	0.29

Weighted average shares—basic	19,612			19,725			19,887			19,933
Weighted average shares—diluted	20,631			21,276			21,460			21,542