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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (Unaudited)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Selected quarterly financial information for each of the quarters in the years ended December 31, 2015 and 2014 is as follows:
 
 
Quarter
2015
 
First
 
Second
 
Third
 
Fourth
 
 
 
 
 
 
 
 
 
Patient revenues, net
 
$
95,225,000

 
$
96,288,000

 
$
98,105,000

 
$
97,977,000

Professional liability expense (1)
 
2,155,000

 
1,926,000

 
2,069,000

 
1,972,000

Income from continuing operations
 
5,000

 
807,000

 
669,000

 
1,271,000

Loss from discontinued operations
 
(263,000
)
 
(299,000
)
 
(238,000
)
 
(328,000
)
Net income (loss) attributable to Diversicare Healthcare Services, Inc. common shareholders
 
$
(258,000
)
 
$
508,000

 
$
431,000

 
$
943,000

 
Basic net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders:
Income from continuing operations
 
$
—

 
$
0.13

 
$
0.11

 
$
0.21

Loss from discontinued operations
 
(0.04
)
 
(0.05
)
 
(0.04
)
 
(0.05
)
Net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders
 
$
(0.04
)
 
$
0.08

 
$
0.07

 
$
0.16


Diluted net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders:
Income from continuing operations
 
$
—

 
$
0.13

 
$
0.11

 
$
0.20

Loss from discontinued operations
 
(0.04
)
 
(0.05
)
 
(0.04
)
 
(0.05
)
Net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders
 
$
(0.04
)
 
$
0.08

 
$
0.07

 
$
0.15


(1)
The Company's quarterly results are significantly affected by the amounts recorded for professional liability expense, as discussed further in Note 11, "Commitments and Contingencies". The amount of expense recorded for professional liability in each quarter of 2015 is set forth in the table above.

 
 
Quarter
2014
 
First
 
Second
 
Third
 
Fourth
 
 
 
 
 
 
 
 
 
Patient revenues, net
 
$
77,799,000

 
$
82,313,000

 
$
90,331,000

 
$
93,749,000

Professional liability expense (1)
 
2,061,000

 
1,556,000

 
1,743,000

 
1,856,000

Income (loss) from continuing operations
 
(433,000
)
 
973,000

 
219,000

 
691,000

Income (loss) from discontinued operations
 
(612,000
)
 
128,000

 
3,928,000

 
(186,000
)
Net income (loss) attributable to Diversicare Healthcare Services, Inc. common shareholders
 
$
(1,106,000
)
 
$
1,015,000

 
$
4,099,000

 
$
505,000

 
Basic net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders:
Income (loss) from continuing operations
 
$
(0.08
)
 
$
0.15

 
$
0.03

 
$
0.11

Income (loss) from discontinued operations
 
(0.10
)
 
0.02

 
0.65

 
(0.03
)
Net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders
 
$
(0.18
)
 
$
0.17

 
$
0.68

 
$
0.08


Diluted net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders:
Income (loss) from continuing operations
 
$
(0.08
)
 
$
0.14

 
$
0.03

 
$
0.11

Income (loss) from discontinued operations
 
(0.10
)
 
0.02

 
0.63

 
(0.03
)
Net income (loss) per common share for Diversicare Healthcare Services, Inc. common shareholders
 
$
(0.18
)
 
$
0.16

 
$
0.66

 
$
0.08


(1)
The Company's quarterly results are significantly affected by the amounts recorded for professional liability expense, as discussed further in Note 11, "Commitments and Contingencies". The amount of expense recorded for professional liability in each quarter of 2014 is set forth in the table above.