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

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.