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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

The following is a summary of the quarterly results of operations for the years ended December 31, 2017 and 2016 (unaudited as to quarterly information) (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

Year Ended December 31, 2017

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues from rental properties

 

$

23,897

 

 

$

24,364

 

 

$

24,913

 

 

$

28,158

 

Earnings from continuing operations

 

 

7,716

 

 

 

14,551

 

 

 

9,460

 

 

 

13,321

 

Net earnings

 

$

9,704

 

 

$

15,106

 

 

$

9,340

 

 

$

13,036

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.22

 

 

$

0.41

 

 

$

0.24

 

 

$

0.33

 

Net earnings

 

$

0.28

 

 

$

0.43

 

 

$

0.24

 

 

$

0.33

 

 

Year Ended December 31, 2016

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues from rental properties

 

$

24,073

 

 

$

23,874

 

 

$

23,989

 

 

$

24,775

 

Earnings from continuing operations

 

 

7,751

 

 

 

13,529

 

 

 

9,210

 

 

 

9,335

 

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

 

 

$

0.27

 

Net earnings

 

$

0.23

 

 

$

0.40

 

 

$

0.26

 

 

$

0.24