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Quarterly Consolidated Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Consolidated Financial Information (Unaudited)  
Quarterly Consolidated Financial Information (Unaudited)

(13) Quarterly Consolidated Financial Information (Unaudited)

 

The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2016, 2015, and 2014 (in thousands, except per share data).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2016 (1)

    

1st Quarter

    

2nd Quarter

    

3rd Quarter

    

4th Quarter

    

Full Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

50,719

 

$

49,618

 

$

51,461

 

$

55,476

 

$

207,274

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

 

4,011

 

 

3,366

 

 

3,985

 

 

2,418

 

 

13,780

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

 

0.57

 

 

0.50

 

 

0.63

 

 

0.40

 

 

2.10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

 

0.55

 

 

0.49

 

 

0.62

 

 

0.39

 

 

2.05

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

 

7,149

 

 

6,685

 

 

6,307

 

 

6,149

 

 

6,570

 

Diluted average common shares outstanding

 

 

7,272

 

 

6,819

 

 

6,448

 

 

6,275

 

 

6,714

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2015 (1)

    

1st Quarter

    

2nd Quarter

    

3rd Quarter

    

4th Quarter

    

Full Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

41,336

 

$

43,810

 

$

57,730

 

$

55,186

 

$

198,062

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common shareholders

 

 

1,358

 

 

(486)

 

 

2,551

 

 

3,037

 

 

6,460

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

 

0.17

 

 

(0.06)

 

 

0.33

 

 

0.39

 

 

0.83

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

 

0.17

 

 

(0.06)

 

 

0.32

 

 

0.38

 

 

0.81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

 

7,848

 

 

7,841

 

 

7,839

 

 

7,739

 

 

7,817

 

Diluted average common shares outstanding

 

 

8,044

 

 

7,841

 

 

7,963

 

 

7,872

 

 

7,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal 2014 (1)

    

1st Quarter

    

2nd Quarter

    

3rd Quarter

    

4th Quarter

    

Full Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$

43,340

 

$

43,994

 

$

45,519

 

$

41,205

 

$

174,058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common shareholders

 

 

4,352

 

 

2,319

 

 

1,000

 

 

(491)

 

 

7,180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

 

0.55

 

 

0.29

 

 

0.13

 

 

(0.06)

 

 

0.91

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

 

0.54

 

 

0.28

 

 

0.12

 

 

(0.06)

 

 

0.88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

 

7,914

 

 

7,976

 

 

7,938

 

 

7,839

 

 

7,917

 

Diluted average common shares outstanding

 

 

8,129

 

 

8,179

 

 

8,123

 

 

8,037

 

 

8,141

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Certain amounts include adjustments to prior periods see "Note 1.

     Summary of Significant Accounting Policies (c) Correction of

     Immaterial Errors - Consolidated Financial Statements" for further

    disclosure.