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Quarterly Results (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results (Unaudited)
Note 20 — Quarterly Results (Unaudited)
Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2015, 2014 and 2013:
 
 
Quarters Ended
(In thousands, except share and per share data)
 
March 31, 2015
 
June 30, 2015
 
September 30, 2015
 
December 31, 2015
Total revenues(1)
 
$
41,849

 
$
43,677

 
$
44,608

 
$
44,387

Basic and diluted net loss attributable to stockholders(2)
 
$
(8,516
)
 
$
(8,982
)
 
$
(13,075
)
 
$
(8,508
)
 
 
 
 
 
 
 
 
 
Basic and diluted weighted average shares outstanding
 
162,092,424

 
162,156,470

 
162,203,065

 
162,208,672

Basic and diluted net loss per share attributable to stockholders(2)
 
$
(0.05
)
 
$
(0.06
)
 
$
(0.08
)
 
$
(0.05
)
____________________________
(1)
During the fourth quarter of 2015, the Company reclassified the write-off of a terminated below-market lease from depreciation and amortization expense to revenue. Revenue for the quarter ended March 31, 2015 has been revised to reflect this reclassification.
(2)
During the fourth quarter of 2015, the Company identified certain immaterial errors impacting interest expense in its previously issued quarterly financial statements. Interest expense and net loss were understated by $0.3 million for each of the quarters ended March 31, 2015, June 30, 2015 and September 30, 2015. Quarterly amounts in the table above have been revised to reflect the corrected amounts.
 
 
Quarters Ended
(In thousands, except share and per share data)
 
March 31, 2014
 
June 30, 2014
 
September 30, 2014
 
December 31, 2014
Total revenues
 
$
33,592

 
$
35,949

 
$
40,514

 
$
45,512

Basic net income (loss) attributable to stockholders
 
$
(8,156
)
 
$
(67,237
)
 
$
9,695

 
$
(27,330
)
Adjustments to net income (loss) attributable to stockholders for common share equivalents
 

 

 
(1,305
)
 

Diluted net income (loss) attributable to stockholders
 
$
(8,156
)
 
$
(67,237
)
 
$
8,390

 
$
(27,330
)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
175,068,005

 
168,972,601

 
161,975,420

 
162,019,399

Basic net income (loss) per share attributable to stockholders
 
$
(0.05
)
 
$
(0.40
)
 
$
0.06

 
$
(0.17
)
Diluted weighted average shares outstanding
 
175,068,005

 
168,972,601

 
162,181,209

 
162,019,399

Diluted net income (loss) per share attributable to stockholders
 
$
(0.05
)
 
$
(0.40
)
 
$
0.05

 
$
(0.17
)
 
 
Quarters Ended
(In thousands, except share and per share data)
 
March 31, 2013
 
June 30, 2013
 
September 30, 2013
 
December 31, 2013
Total revenues
 
$
8,327

 
$
10,905

 
$
15,728

 
$
20,927

Basic net income (loss) attributable to stockholders
 
$
(2,794
)
 
$
2,019

 
$
(5,373
)
 
$
(13,131
)
Adjustments to net income (loss) attributable to stockholders for common share equivalents
 

 
(223
)
 

 

Diluted net income (loss) attributable to stockholders
 
$
(2,794
)
 
$
1,796

 
$
(5,373
)
 
$
(13,131
)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
23,217,358

 
41,982,278

 
83,841,078

 
141,836,952

Basic net income (loss) per share attributable to stockholders
 
$
(0.12
)
 
$
0.05

 
$
(0.06
)
 
$
(0.09
)
Diluted weighted average shares outstanding
 
23,217,358

 
42,001,432

 
83,841,078

 
141,836,952

Diluted net income (loss) per share attributable to stockholders
 
$
(0.12
)
 
$
0.04

 
$
(0.06
)
 
$
(0.09
)