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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2013
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of selected quarterly financial data (unaudited)

 

 

 

2013

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

45,604,637

 

$

49,651,094

 

$

48,989,479

 

$

44,504,140

 

$

188,749,350

 

Operating expenses

 

38,419,729

 

39,482,625

 

40,050,409

 

40,341,353

 

158,294,116

 

Income from operations

 

7,184,908

 

10,168,469

 

8,939,070

 

4,162,787

 

30,455,234

 

Net income

 

4,261,996

 

6,120,244

 

5,519,509

 

2,059,073

 

17,960,822

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.26

 

$

0.38

 

$

0.34

 

$

0.12

 

$

1.10

 

Diluted

 

$

0.26

 

$

0.37

 

$

0.32

 

$

0.12

 

$

1.06

 

 

 

 

2012

 

 

 

1st Quarter

 

2nd Quarter

 

3rd Quarter

 

4th Quarter

 

Total

 

Net revenues

 

$

32,899,260

 

$

42,471,150

 

$

46,028,226

 

$

41,903,782

 

$

163,302,418

 

Operating expenses

 

30,046,985

 

39,086,717

 

39,150,464

 

39,035,094

 

147,319,260

 

Income from operations

 

2,852,275

 

3,384,433

 

6,877,762

 

2,868,688

 

15,983,158

 

Net income

 

1,641,366

 

1,792,758

 

4,137,081

 

1,339,643

 

8,910,848

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share of common stock

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.10

 

$

0.11

 

$

0.26

 

$

0.08

 

$

0.55

 

Diluted

 

$

0.10

 

$

0.11

 

$

0.26

 

$

0.08

 

$

0.55