| Summary of 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 |
|
|
2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenue |
|
$ |
48,651 |
|
|
$ |
45,974 |
|
|
$ |
43,237 |
|
|
$ |
35,745 |
|
|
Change in fair value of financial instruments |
|
|
(4,088 |
) |
|
|
(1,592 |
) |
|
|
(1,375 |
) |
|
|
1,109 |
|
|
Income (loss) from continuing operations |
|
|
(11,988 |
) |
|
|
(6,471 |
) |
|
|
5,328 |
|
|
|
(24,748 |
) |
|
Income (loss) from discontinued operations |
|
|
1,485 |
|
|
|
32,876 |
|
|
|
4,112 |
|
|
|
1,671 |
|
|
Net income (loss) |
|
|
(10,503 |
) |
|
|
26,405 |
|
|
|
9,440 |
|
|
|
24,731 |
|
|
Net income (loss) available to common shares from continuing operations |
|
|
(19,363 |
) |
|
|
(14,115 |
) |
|
|
(2,048 |
) |
|
|
(34,078 |
) |
|
Net income (loss) available to common shares from discontinued operations |
|
|
1,519 |
|
|
|
6,535 |
|
|
|
2,044 |
|
|
|
49,686 |
|
|
Net income (loss) allocable to common shares |
|
|
(17,844 |
) |
|
|
(7,580 |
) |
|
|
(4 |
) |
|
|
15,608 |
|
|
Earnings (loss) per share from continuing operations - Basic (a) |
|
|
(0.22 |
) |
|
|
(0.15 |
) |
|
|
(0.02 |
) |
|
|
(0.37 |
) |
|
Earnings (loss) per share from discontinued operations - Basic (a) |
|
|
0.02 |
|
|
|
0.07 |
|
|
|
0.02 |
|
|
|
0.54 |
|
|
Total earnings (loss) per share—Basic (a) |
|
|
(0.20 |
) |
|
|
(0.08 |
) |
|
|
— |
|
|
|
0.17 |
|
|
Earnings (loss) per share from continuing operations - Diluted (a) |
|
|
(0.22 |
) |
|
|
(0.15 |
) |
|
|
(0.02 |
) |
|
|
(0.37 |
) |
|
Earnings (loss) per share from discontinued operations - Diluted (a) |
|
|
0.02 |
|
|
|
0.07 |
|
|
|
0.02 |
|
|
|
0.54 |
|
|
Total earnings (loss) per share—Diluted (a) |
|
|
(0.20 |
) |
|
|
(0.08 |
) |
|
|
— |
|
|
|
0.17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total revenue |
|
$ |
53,056 |
|
|
$ |
56,459 |
|
|
$ |
48,952 |
|
|
$ |
53,147 |
|
|
Change in fair value of financial instruments |
|
|
4,490 |
|
|
|
8,356 |
|
|
|
620 |
|
|
|
(1,828 |
) |
|
Income (loss) from continuing operations |
|
|
(306 |
) |
|
|
25,186 |
|
|
|
(2,178 |
) |
|
|
5,891 |
|
|
Income (loss) from discontinued operations |
|
|
572 |
|
|
|
1,255 |
|
|
|
27,004 |
|
|
|
6,069 |
|
|
Net income (loss) |
|
|
266 |
|
|
|
26,441 |
|
|
|
24,826 |
|
|
|
11,960 |
|
|
Net income (loss) available to common shares from continuing operations |
|
|
(7,605 |
) |
|
|
17,409 |
|
|
|
(10,009 |
) |
|
|
(1,797 |
) |
|
Net income (loss) available to common shares from discontinued operations |
|
|
508 |
|
|
|
1,547 |
|
|
|
3,477 |
|
|
|
3,628 |
|
|
Net income (loss) allocable to common shares |
|
|
(7,097 |
) |
|
|
18,956 |
|
|
|
(6,532 |
) |
|
|
1,831 |
|
|
Earnings (loss) per share from continuing operations - Basic (a) |
|
|
(0.09 |
) |
|
|
0.21 |
|
|
|
(0.11 |
) |
|
|
(0.02 |
) |
|
Earnings (loss) per share from discontinued operations - Basic (a) |
|
|
0.01 |
|
|
|
0.02 |
|
|
|
0.04 |
|
|
|
0.04 |
|
|
Total earnings (loss) per share—Basic (a) |
|
|
(0.08 |
) |
|
|
0.23 |
|
|
|
(0.07 |
) |
|
|
0.02 |
|
|
Earnings (loss) per share from continuing operations - Diluted (a) |
|
|
(0.09 |
) |
|
|
0.20 |
|
|
|
(0.11 |
) |
|
|
(0.02 |
) |
|
Earnings (loss) per share from discontinued operations - Diluted (a) |
|
|
0.01 |
|
|
|
0.02 |
|
|
|
0.04 |
|
|
|
0.04 |
|
|
Total earnings (loss) per share—Diluted (a) |
|
|
(0.08 |
) |
|
|
0.22 |
|
|
|
(0.07 |
) |
|
|
0.02 |
|
|
(a) |
The summation of quarterly per share amounts may not equal the full year amounts. |
|