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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Unaudited Quarterly Financial Information
Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2015 and 2014 (in thousands, except per share amounts):
 
 
2015
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
68,250

 
$
72,167

 
$
83,829

 
$
91,463

Net loss
 
$
(5,574
)
 
$
(5,943
)
 
$
(16,838
)
 
$
(660
)
Net loss per common share, basic and diluted
 
$
(0.04
)
 
$
(0.04
)
 
$
(0.10
)
 
$
—

Distributions declared per common share (1)
 
$
0.160

 
$
0.162

 
$
0.164

 
$
0.164

 
 
2014
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
41,736

 
$
45,183

 
$
48,380

 
$
53,597

Net income (loss)
 
$
6,727

 
$
(3,561
)
 
$
(3,070
)
 
$
(12,448
)
Net income (loss) per common share, basic and diluted
 
$
0.09

 
$
(0.04
)
 
$
(0.03
)
 
$
(0.11
)
Distributions declared per common share (1)
 
$
0.160

 
$
0.162

 
$
0.164

 
$
0.164

__________________
(1) Distributions declared per common share assumes each share was issued and outstanding each day during the respective periods from January 1, 2014 through December 31, 2015. Each day during the periods from January 1, 2014 through December 31, 2015 was a record date for distributions. Distributions were calculated at the rate of $0.00178082 per share per day.