Quarterly Operating Results - Unaudited |
14. Quarterly Operating Results - Unaudited
|
|
Quarters Ended 2018 |
|
|
|
March 31 |
|
|
June 30 |
|
|
September 30 |
|
|
December 31 |
|
Total revenue |
|
$ |
41,735,556 |
|
|
$ |
51,553,527 |
|
|
$ |
41,418,062 |
|
|
$ |
43,465,976 |
|
Total operating expenses |
|
|
37,041,269 |
|
|
|
42,275,569 |
|
|
|
38,298,919 |
|
|
|
40,451,053 |
|
Net operating income |
|
|
4,694,287 |
|
|
|
9,277,958 |
|
|
|
3,119,143 |
|
|
|
3,014,923 |
|
Net income (loss) |
|
|
1,176,488 |
|
|
|
2,967,589 |
|
|
|
(1,981,780 |
) |
|
|
(2,770,454 |
) |
Net income (loss) attributable to common shareholders |
|
|
(238,343 |
) |
|
|
1,352,414 |
|
|
|
(3,065,883 |
) |
|
|
(3,768,166 |
) |
Earnings (loss) per share attributable to common
shareholders– basic and diluted |
|
$ |
(0.02 |
) |
|
$ |
0.10 |
|
|
$ |
(0.23 |
) |
|
$ |
(0.28 |
) |
Net income (loss) available to operating partnership unitholders |
|
|
(268,356 |
) |
|
|
1,522,745 |
|
|
|
(3,451,499 |
) |
|
|
(4,240,961 |
) |
Earnings (loss) per unit attributable to operating partnership unitholders– basic and diluted |
|
$ |
(0.02 |
) |
|
$ |
0.10 |
|
|
$ |
(0.22 |
) |
|
$ |
(0.27 |
) |
|
|
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 |
) |
|