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Selected Quarterly Financial Data (unaudited)
12 Months Ended
Dec. 31, 2014
Selected Quarterly Financial Data (unaudited)  
Selected Quarterly Financial Data (unaudited)

Note 13. Selected Quarterly Financial Data (unaudited)

The following is a summary of our unaudited quarterly results of operations for 2014 and 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

First

 

Second

 

Third

 

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Revenues

    

$

191,497 

    

$

206,708 

    

$

216,873 

    

$

229,809 

 

Net income

 

 

38,580 

 

 

37,659 

 

 

37,112 

 

 

45,288 

 

Per share data (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

0.21 

 

$

0.19 

 

$

0.18 

 

$

0.22 

 

Common distributions declared(1)

 

$

0.39 

 

$

0.39 

 

$

0.39 

 

$

0.39 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

First

 

Second

 

Third

 

Fourth

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Revenues

    

$

186,909 

    

$

186,928 

    

$

187,265 

    

$

200,336 

 

Net income (2)

 

 

35,235 

 

 

5,598 

 

 

38,125 

 

 

72,206 

 

Per share data (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

0.19 

 

$

0.03 

 

$

0.20 

 

$

0.38 

 

Common distributions declared(1)

 

$

0.39 

 

$

0.39 

 

$

0.39 

 

$

0.39 

 


(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)

In the second quarter, we recorded impairment charges of $32,267. On December 31, 2013, we sold our two rehabilitation hospitals for a gain of $36,251.