XML 20 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary of Quarterly Financial Data
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data

17.

Summary of Quarterly Financial Data (Unaudited)

The following table summarizes selected Quarterly Financial Data for the Company on a historical basis for the years ended December 31, 2019 and 2018:

 

(in thousands except per share and per unit data)

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

Year ended December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

286,257

 

 

 

275,872

 

 

 

282,276

 

 

 

288,733

 

Net income attributable to common stockholders

 

$

90,446

 

 

 

51,728

 

 

 

56,965

 

 

 

40,291

 

Net income attributable to exchangeable operating partnership units

 

 

190

 

 

 

109

 

 

 

157

 

 

 

178

 

Net income attributable to common unit holders

 

$

90,636

 

 

 

51,837

 

 

 

57,122

 

 

 

40,469

 

Net income attributable to common stock and unit holders per share and unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.54

 

 

 

0.31

 

 

 

0.34

 

 

 

0.24

 

Diluted

 

$

0.54

 

 

 

0.31

 

 

 

0.34

 

 

 

0.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

276,693

 

 

 

281,412

 

 

 

278,310

 

 

 

284,560

 

Net income attributable to common stockholders

 

$

52,660

 

 

 

47,841

 

 

 

69,722

 

 

 

78,904

 

Net income attributable to exchangeable operating partnership units

 

 

111

 

 

 

100

 

 

 

147

 

 

 

167

 

Net income attributable to common unit holders

 

$

52,771

 

 

 

47,941

 

 

 

69,869

 

 

 

79,071

 

Net income attributable to common stock and unit holders per share and unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.31

 

 

 

0.28

 

 

 

0.41

 

 

 

0.47

 

Diluted

 

$

0.31

 

 

 

0.28

 

 

 

0.41

 

 

 

0.46