Quarterly Financial Information |
| | | | | | | | | | | | | | | Year Ended December 31, 2020 | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | | | | | | | | | | | | | Total revenue | | $ | 21,649 | | $ | 22,055 | | $ | 25,097 | | $ | 24,930 | Total expenses | | | 18,832 | | | 20,383 | | | 34,677 | | | 22,338 | Net income (loss) | | | 2,817 | | | 1,672 | | | (9,580) | | | 2,592 | Less: Preferred stock dividends | | | (1,455) | | | (1,455) | | | (1,455) | | | (1,455) | Less: Net (income) loss attributable to noncontrolling interest | | | (107) | | | (13) | | | 767 | | | (74) | Net income (loss) attributable to common stockholders | | $ | 1,255 | | $ | 204 | | $ | (10,268) | | $ | 1,063 | | | | | | | | | | | | | | Net income (loss) attributable to common stockholders per share – basic and diluted | | $ | 0.03 | | $ | 0.00 | | $ | (0.22) | | $ | 0.02 | | | | | | | | | | | | | | Weighted average shares outstanding – basic and diluted | | | 44,182 | | | 45,404 | | | 46,908 | | | 48,496 |
| | | | | | | | | | | | | | | Year Ended December 31, 2019 | | | First Quarter | | Second Quarter | | Third Quarter | | Fourth Quarter | | | | | | | | | | | | | | Total revenue | | $ | 15,200 | | $ | 16,880 | | $ | 18,195 | | $ | 20,452 | Total expenses | | | 13,157 | | | 14,418 | | | 15,887 | | | 17,677 | Net income | | | 2,043 | | | 2,462 | | | 2,308 | | | 2,775 | Less: Preferred stock dividends | | | (1,455) | | | (1,455) | | | (1,455) | | | (1,455) | Less: Net income attributable to noncontrolling interest | | | (60) | | | (103) | | | (83) | | | (108) | Net income attributable to common stockholders | | $ | 528 | | $ | 904 | | $ | 770 | | $ | 1,212 | | | | | | | | | | | | | | Net income attributable to common stockholders per share – basic and diluted | | $ | 0.02 | | $ | 0.03 | | $ | 0.02 | | $ | 0.03 | | | | | | | | | | | | | | Weighted average shares outstanding – basic and diluted | | | 27,380 | | | 34,559 | | | 35,512 | | | 37,876 |
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