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Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (unaudited)
Selected Quarterly Financial Data (unaudited)
The following is a summary of our unaudited quarterly results of operations for 2016 and 2015:
 
2016
 
First
 
Second
 
Third
 
Fourth
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Revenues
$
258,375

 
$
261,367

 
$
263,983

 
$
274,296

Net income
$
31,272

 
$
39,233

 
$
27,903

 
$
42,885

Per share data (basic and diluted):
 
 
 
 
 
 
 
Net income
$
0.13

 
$
0.17

 
$
0.12

 
$
0.18

Common distributions declared(1)
$
0.39

 
$
0.39

 
$
0.39

 
$
0.39

 
2015
 
First
 
Second
 
Third
 
Fourth
 
Quarter
 
Quarter
 
Quarter
 
Quarter (2)
Revenues
$
228,577

 
$
247,402

 
$
255,275

 
$
267,519

Net income
$
39,789

 
$
36,387

 
$
38,249

 
$
9,544

Per share data (basic and diluted):
 
 
 
 
 
 
 
Net income
$
0.18

 
$
0.15

 
$
0.16

 
$
0.04

Common distributions declared (1) (3)
$
0.39

 
$
0.39

 
$
0.39

 
$
0.52

 

(1)
Amounts represent distributions declared with respect to the periods shown. Distributions are generally paid in the quarterly period following the quarterly period to which they relate.
(2)
The fourth quarter of 2015 includes a non-cash loss of $38,437 related to the distribution of the RMR Inc. shares as discussed in Notes 4 and 5.
(3)
The fourth quarter of 2015 includes a non-cash distribution of $0.13 per share related to the distribution of the RMR Inc. shares as discussed in Notes 4 and 7.