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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2012
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of selected quarterly financial data (unaudited)

 

 

 

 

2012

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

34,630,092

 

$

44,216,594

 

$

47,861,711

 

$

43,648,567

 

$

170,356,964

 

Operating expenses

 

31,777,814

 

40,820,963

 

40,995,150

 

40,779,879

 

154,373,806

 

Income from operations

 

2,852,278

 

3,395,631

 

6,866,561

 

2,868,688

 

15,983,158

 

Net income

 

1,641,367

 

1,792,758

 

4,137,080

 

1,339,643

 

8,910,848

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.10

 

$

0.11

 

$

0.26

 

$

0.08

 

$

0.55

 

Diluted

 

$

0.10

 

$

0.11

 

$

0.25

 

$

0.08

 

$

0.55

 

 

 

 

2011

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

33,285,816

 

$

37,159,873

 

$

36,174,386

 

$

34,012,130

 

$

140,632,205

 

Operating expenses

 

30,629,377

 

31,491,091

 

36,022,941

 

32,718,561

 

130,861,970

 

Income from operations

 

2,656,439

 

5,668,782

 

151,445

 

1,293,569

 

9,770,235

 

Net income

 

1,539,146

 

3,558,136

 

11,279

 

567,293

 

5,675,854

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.10

 

$

0.22

 

$

0.00

 

$

0.04

 

$

0.35

 

Diluted

 

$

0.09

 

$

0.22

 

$

0.00

 

$

0.03

 

$

0.35