Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Information

2019

	Three Months Ended
	March 31(1)		June 30		September 30		December 31 (2)
Revenues, net	$	77,389,597	$	69,391,315	$	74,110,376	$	71,486,350
Total operating expenses	71,202,232		68,880,374		68,281,229		74,582,671
Operating income/(loss)	6,187,365		510,941		5,829,147		(3,096,321)
Net income/(loss) *	29,483		(5,992,156)		(4,562,989)		(11,171,453)
Basic net loss per share	$	—	$	(0.08)	$	(0.06)	$	(0.16)
Diluted net loss per share	$	—	$	(0.08)	$	(0.06)	$	(0.16)

⁽¹⁾ Net loss for the three months ended March 31, 2019 includes $2.3 million loss on debt extinguishment.

⁽²⁾ Net loss for the three months ended December 31, 2019 includes $1.1 million relating to OFAC settlement.

2018

	Three Months Ended
	March 31		June 30		September 30		December 31
Revenues, net	$	79,370,609	$	74,938,700	$	69,092,740	$	86,692,209
Total operating expenses	73,051,692		65,953,230		60,262,456		73,220,074
Operating income	6,318,917		8,985,470		8,830,284		13,472,135
Net income	52,745		3,450,767		2,584,822		6,486,350
Basic net income per share	$	—	$	0.05	$	0.04	$	0.09
Diluted net income per share	$	—	$	0.05	$	0.04	$	0.09