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)

Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2016 and 2015 (in thousands, except per share amounts):

	2016
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Revenues	$	28,365		$	33,866		$	36,133		$	35,880
Net loss	$	(4,932	)	$	(1,989	)	$	(15,007	)	$	(7,198	)
Net loss attributable to common stockholders	$	(4,894	)	$	(1,959	)	$	(14,951	)	$	(7,114	)
Net loss per common share, basic and diluted	$	(0.08	)	$	(0.03	)	$	(0.25	)	$	(0.12	)
Distributions declared per common share	$	0.093		$	0.093		$	0.094		$	0.095

	2015
	First Quarter		Second Quarter		Third Quarter			Fourth Quarter
Revenues	$	27,943	$	28,667	$	28,158		$	27,360
Net income (loss)	$	5,385	$	2,639	$	(277	)	$	(682	)
Net income (loss) attributable to common stockholders	$	2,235	$	1,526	$	(462	)	$	(922	)
Net income (loss) per common share, basic and diluted	$	0.04	$	0.03	$	(0.01	)	$	(0.02	)
Distributions declared per common share	$	0.092	$	0.093	$	0.095		$	0.095