SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2013

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Schedule of selected consolidated quarterly financial data

Selected consolidated quarterly financial data for 2013 and 2012 follows (in thousands, except per share):

2013

First
Quarter

Second
Quarter

Third
Quarter

Fourth
Quarter

Total revenues

59,723

79,105

82,174

77,956

Net income (loss) from continuing operations

1,517

6,126

2,837

(3,855

)

Net income (loss) from discontinued operations

357

545

(3,410

)

1,780

Net income (loss)

1,874

6,671

(573

)

(2,075

)

Net income (loss) attributable to Summit Hotel Properties, Inc.

1,940

6,459

(662

)

(1,859

)

Earnings per common share - basic and diluted:

Net income (loss) from continuing operations

(0.03

)

0.03

(0.02

)

(0.09

)

Net income (loss) from discontinued operations

0.01

(0.05

)

0.02

Net income (loss)

(0.02

)

0.04

(0.07

)

(0.07

)

	2012
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter

Total revenues	$	33,942		$	39,580		$	43,069		$	45,109

Net income (loss) from continuing operations	$	(1,245	)	$	(939	)	$	(411	)	$	(4,352	)
Net income (loss) from discontinued operations	$	(1,561	)	$	583		$	2,052		$	3,603
Net income (loss)	$	(2,806	)	$	(356	)	$	1,641		$	(749	)
Net income (loss) attributable to Summit Hotel Properties, Inc.	$	(1,736	)	$	(81	)	$	1,562		$	(821	)

Earnings per common share - basic and diluted:
Net income (loss) from continuing operations	$	(0.07	)	$	(0.06	)	$	(0.04	)	$	(0.11	)
Net income (loss) from discontinued operations	(0.04		)	0.02			0.06			0.07
Net income (loss)	$	(0.11	)	$	(0.04	)	$	0.02		$	(0.04	)