Quarterly Financial Data

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

NOTE 11. — QUARTERLY FINANCIAL DATA

The following is a summary of the quarterly results of operations for the years ended December 31, 2016 and 2015 (unaudited as to quarterly information) (in thousands, except per share amounts):


	THREE MONTHS ENDED
YEAR ENDED DECEMBER 31, 2016	MARCH 31,			JUNE 30,		SEPTEMBER 30,		DECEMBER 31,
Revenues from rental properties	$	24,388		$	24,140	$	24,328	$	25,083
Earnings from continuing operations		7,842			13,583		9,236		11,420
Net earnings	$	7,703		$	13,576	$	8,804	$	8,328
Diluted earnings per common share:
Earnings from continuing operations	$	0.23		$	0.40	$	0.27	$	0.33
Net earnings	$	0.23		$	0.40	$	0.26	$	0.24

YEAR ENDED DECEMBER 31, 2015	MARCH 31,			JUNE 30,		SEPTEMBER 30,		DECEMBER 31,
Revenues from rental properties	$	20,413		$	22,122	$	24,840	$	25,514
(Loss) earnings from continuing operations		(81	)		11,503		8,564		20,384
Net (loss) earnings	$	(1,137	)	$	11,619	$	7,035	$	19,893
Diluted (loss) earnings per common share:
(Loss) earnings from continuing operations	$	(0.01	)	$	0.34	$	0.25	$	0.60
Net (loss) earnings	$	(0.04	)	$	0.34	$	0.21	$	0.59