Quarterly Operating Results |
|
|
Quarters Ended 2017 |
|
|
|
March 31 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
Total revenue |
|
$ |
38,694,886 |
|
|
$ |
40,642,632 |
|
|
$ |
36,769,471 |
|
|
$ |
38,159,704 |
|
Total operating expenses |
|
|
32,989,182 |
|
|
|
35,178,717 |
|
|
|
34,595,193 |
|
|
|
35,339,712 |
|
Net operating income |
|
|
5,705,704 |
|
|
|
5,463,915 |
|
|
|
2,174,278 |
|
|
|
2,819,992 |
|
Net income (loss) |
|
|
2,886,032 |
|
|
|
1,135,719 |
|
|
|
(936,000 |
) |
|
|
(3,056,262 |
) |
Net income (loss) attributable to common shareholders |
|
|
1,851,090 |
|
|
|
296,850 |
|
|
|
(1,550,555 |
) |
|
|
(3,936,522 |
) |
Earnings (loss) per share attributable to common
shareholders– basic and diluted |
|
$ |
0.13 |
|
|
$ |
0.02 |
|
|
$ |
(0.11 |
) |
|
$ |
(0.29 |
) |
Net income (loss) available to operating partnership unitholders |
|
|
2,100,958 |
|
|
|
310,795 |
|
|
|
(1,741,000 |
) |
|
|
(4,422,903 |
) |
Earnings (loss) per unit attributable to operating partnership unitholders– basic and diluted |
|
$ |
0.13 |
|
|
$ |
0.02 |
|
|
$ |
(0.11 |
) |
|
$ |
(0.27 |
) |
|
|
Quarters Ended 2016 |
|
|
|
March 31 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
Total revenue |
|
$ |
37,810,144 |
|
|
$ |
41,824,954 |
|
|
$ |
37,275,312 |
|
|
$ |
35,935,342 |
|
Total operating expenses |
|
|
33,025,990 |
|
|
|
34,645,809 |
|
|
|
33,539,913 |
|
|
|
33,026,914 |
|
Net operating income |
|
|
4,784,154 |
|
|
|
7,179,145 |
|
|
|
3,735,399 |
|
|
|
2,908,428 |
|
Net income(loss) |
|
|
545,874 |
|
|
|
1,977,550 |
|
|
|
(1,549,191 |
) |
|
|
(74,084 |
) |
Net income (loss) attributable to common shareholders |
|
|
483,095 |
|
|
|
1,761,106 |
|
|
|
(1,716,234 |
) |
|
|
(746,140 |
) |
Earnings (loss) per share attributable to common shareholders– basic and diluted |
|
$ |
0.03 |
|
|
$ |
0.12 |
|
|
$ |
(0.11 |
) |
|
$ |
(0.05 |
) |
Net income (loss) available to operating partnership unitholders |
|
|
545,874 |
|
|
|
1,977,550 |
|
|
|
(1,889,080 |
) |
|
|
(879,084 |
) |
Earnings (loss) per unit attributable to operating partnership unitholders– basic and diluted |
|
$ |
0.03 |
|
|
$ |
0.12 |
|
|
$ |
(0.11 |
) |
|
$ |
(0.05 |
) |
|