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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
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.