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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2019 and 2018 (in thousands, except per share amounts):
2019
First QuarterSecond QuarterThird QuarterFourth Quarter
Revenues$21,911  $21,689  $25,282  $24,276  
Net income (loss)$17,460  $(6,301) $2,290  $(28,630) 
Net income (loss) attributable to common stockholders$16,781  $(6,249) $772  $(28,586) 
Net income (loss) per common share, basic and diluted$0.25  $(0.09) $0.01  $(0.43) 
Distributions declared per common share $0.009  $0.009  $0.009  $—  

2018
First QuarterSecond QuarterThird QuarterFourth Quarter
Revenues$19,636  $25,290  $27,156  $23,705  
Net income (loss)$(23,702) $9,993  $36,421  $10,612  
Net income (loss) attributable to common stockholders$(23,681) $10,036  $36,497  $10,694  
Net income (loss) per common share, basic and diluted$(0.38) $0.16  $0.67  $0.19  
Distributions declared per common share $0.016  $0.016  $0.016  $2.950