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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
 
We have presented the unaudited quarterly results of operations for the fiscal years ended December 31, 2018 and December 31, 2017.
 
Consolidated Statement of Operations
 
(Unaudited)
 
2018
 
 
Three Months
ended
March 31
 
Three Months
ended
June 30
 
Three Months
ended
September 30
 
Three Months
ended
December 31
Revenues, net
 
$
79,370,609

 
$
74,938,700

 
$
69,092,740

 
$
86,692,209

Total Operating expenses
 
73,051,692

 
65,953,230

 
60,262,456

 
73,220,074

Operating income
 
6,318,917

 
8,985,470

 
8,830,284

 
13,472,135

Net income
 
52,745

 
3,450,767

 
2,584,822

 
6,486,350

 
 
 
 
 
 
 
 
 
Basic income Per Share
 
$
0.00

 
$
0.05

 
$
0.04

 
$
0.09

Diluted income Per Share
 
$
0.00

 
$
0.05

 
$
0.04

 
$
0.09


2017
 
 
 
Three Months
ended
March 31
 
Three Months
ended
June 30
 
Three Months
ended
September 30
 
Three Months ended December 31,
Revenues, net
 
$
45,855,057

 
$
53,631,224

 
$
62,710,903

 
$
74,587,441

Total Operating expenses
 
50,361,713

 
53,938,837

 
64,624,733

 
67,999,398

Operating (loss)/income
 
(4,506,656
)
 
(307,613
)
 
(1,913,830
)
 
6,588,043

Net loss *
 
(11,068,448
)
 
(5,888,466
)
 
(10,255,346
)
 
(16,584,425
)
 
 
 
 
 
 
 
 
 
Basic Loss Per Share
 
$
(0.17
)
 
$
(0.08
)
 
$
(0.15
)
 
$
(0.24
)
Diluted Loss Per Share
 
$
(0.17
)
 
$
(0.08
)
 
$
(0.15
)
 
$
(0.24
)

* Net loss for the three months ended December 31, 2017 includes $15.0 million of loss on debt extinguishment.