Quarterly Operating Results

12 Months Ended

Dec. 31, 2011

Quarterly Operating Results [Abstract]

14. Quarterly Operating Results (Unaudited)


	Quarters Ended 2011
	March 31			June 30			September 30			December 31
Total revenue	$	18,535,572		$	23,129,720		$	20,015,186		$	19,492,027
Total operating expenses		17,586,783			19,351,054			19,191,343			18,381,485
Net operating income		948,789			3,778,666			823,843			1,110,542
Net income (loss) attributable to the Company		(989,318	)		(182,562	)		(1,117,042	)		(2,555,521	)
Earnings per share – basic		(0.10	)		(0.02	)		(0.12	)		(0.26	)
Earnings per share – diluted		(0.10	)		(0.02	)		(0.11	)		(0.26	)


	Quarters Ended 2010
	March 31			June 30		September 30			December 31
Total revenue	$	17,515,590		$	21,509,522	$	19,537,731		$	18,819,501
Total operating expenses		17,152,735			18,302,870		18,016,656			17,485,904
Net operating income (loss)		362,856			3,206,652		1,521,075			1,333,597
Net income (loss) attributable to the Company		(779,843	)		255,567		(1,004,671	)		(853,997	)
Earnings per share (basic and diluted)		(0.08	)		0.03		(0.11	)		(0.09	)

- 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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