Quarterly Financial Information

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Abstract]

Quarterly Financial Information

NOTE 21 (unaudited)

Quarterly Financial Information

Unaudited quarterly financial information for fiscal 2011 and 2010 is presented in the following table. Data may not add due to rounding (in thousands, except per share amounts). The Company separately reports as discontinued operations the historical operating results attributable to assets sold or held for sale and the applicable gain (loss) on disposition. As a result, the Company has made the appropriate reclassification adjustments to the previously issued financial statements for the first quarter of 2011 and 2010, and the fourth quarter 2010 presented below.

	Three Months Ended										Year Ended
	March 31,			June 30,		September 30,			December 31,		December 31,
Revenue
2011	$	37,552		$	40,350	$	39,700		$	46,366	$	163,968
2010	$	35,000		$	40,396	$	41,831		$	57,175	$	174,402
Income (loss) from continuing operations, net of income taxes
2011	$	(1,719	)	$	3,542	$	1,519		$	32,525	$	35,867
2010	$	(2,155	)	$	281	$	3,264		$	8,214	$	9,604
Income (loss) from discontinued operations, net of income taxes
2011	$	(8	)	$	74	$	(75	)	$	577	$	568
2010	$	(24	)	$	47	$	56		$	63	$	142
Net income (loss)
2011	$	(1,727	)	$	3,616	$	1,444		$	33,102	$	36,435
2010	$	(2,179	)	$	328	$	3,320		$	8,277	$	9,746
Income (loss) per share—basic:
From continuing operations
2011	$	(0.20	)	$	0.40	$	0.17		$	3.68	$	4.06
2010	$	(0.25	)	$	0.03	$	0.37		$	0.93	$	1.09
From discontinued operations
2011	$	—		$	0.01	$	(0.01	)	$	0.07	$	0.07
2010	$	—		$	0.01	$	0.01		$	0.01	$	0.02
Net income (loss)
2011	$	(0.20	)	$	0.41	$	0.16		$	3.75	$	4.13
2010	$	(0.25	)	$	0.04	$	0.38		$	0.94	$	1.11
Income (loss) per share, assuming dilution:
From continuing operations
2011	$	(0.20	)	$	0.40	$	0.17		$	3.65	$	4.03
2010	$	(0.25	)	$	0.03	$	0.37		$	0.93	$	1.09
From discontinued operations
2011	$	—		$	0.01	$	(0.01	)	$	0.06	$	0.06
2010	$	—		$	0.01	$	0.01		$	—	$	0.01
Net income (loss)
2011	$	(0.20	)	$	0.41	$	0.16		$	3.71	$	4.09
2010	$	(0.25	)	$	0.04	$	0.38		$	0.93	$	1.10

Net income for the second quarter of 2011 includes a $4.1 million pre-tax gain resulting from the sale of real estate not essential to operations. Net income for the fourth quarter of 2011 includes a $40.5 million pre-tax gain resulting from the sale of Fisher Plaza.

Net loss for the first quarter of 2010 includes a $940,000 pre-tax gain resulting from the asset exchange. Net income for the second quarter of 2010 includes an $842,000 pre-tax gain resulting from the asset exchange. Net income for the third quarter of 2010 includes a $2.9 million pre-tax gain resulting from Plaza fire insurance reimbursements.