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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)

17.

Selected Quarterly Financial Data (Unaudited)

The following table presents selected unaudited quarterly financial data for the years ended December 31, 2016 and 2015 (in thousands, except per share data):

 

2016 Quarters

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Full Year

 

Total revenues

 

$

92,960

 

 

$

94,041

 

 

$

95,511

 

 

$

94,543

 

 

$

377,055

 

Operating income (loss)

 

 

(991

)

 

 

2,714

 

 

 

3,660

 

 

 

5,764

 

 

 

11,147

 

Net income (loss) attributable to common stockholders

 

 

(14,442

)

 

 

(12,072

)

 

 

(11,992

)

 

 

6,839

 

 

 

(31,667

)

Weighted average number of shares outstanding(basic and diluted)

 

 

174,681

 

 

 

175,489

 

 

 

175,033

 

 

 

175,328

 

 

 

175,121

 

Income (loss) per share of common stock(basic and diluted)

 

$

(0.08

)

 

$

(0.07

)

 

$

(0.07

)

 

$

0.04

 

 

$

(0.18

)

 

2015 Quarters

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Full Year

 

Total revenues

 

$

65,033

 

 

$

67,476

 

 

$

79,904

 

 

$

88,112

 

 

$

300,525

 

Operating loss

 

 

(7,909

)

 

 

(3,650

)

 

 

(7,925

)

 

 

(4,824

)

 

 

(24,308

)

Net loss attributable to common stockholders

 

 

(18,000

)

 

 

(13,410

)

 

 

(19,225

)

 

 

(17,420

)

 

 

(68,055

)

Weighted average number of shares outstanding(basic and diluted) (1)

 

 

131,880

 

 

 

146,257

 

 

 

162,730

 

 

 

173,766

 

 

 

153,804

 

Loss per share of common stock(basic and diluted)

 

$

(0.14

)

 

$

(0.09

)

 

$

(0.12

)

 

$

(0.10

)

 

$

(0.44

)

 

FOOTNOTE:

 

(1)

For the purposes of determining the weighted average number of shares of common stock outstanding, stock distributions issued are treated as if they were outstanding for all periods presented.