SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2014

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 24 - SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected consolidated quarterly financial data for 2014 and 2013 follows (in thousands, except per share):

	2014
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Total revenues	$	89,544		$	105,525		$	109,256		$	99,141
Income from continuing operations	$	2,947		$	9,201		$	3,766		$	4,517
Income (loss) from discontinued operations	$	378		$	(41	)	$	(59	)	$	214
Net income	$	3,325		$	9,160		$	3,707		$	4,731
Net income attributable to Summit Hotel Properties, Inc.	$	3,458		$	8,975		$	3,713		$	4,725
Earnings per share:
Basic and diluted net income (loss) per share from continuing operations	$	(0.01	)	$	0.06		$	(0.01	)	$	0.01
Basic and diluted net income (loss) per share from discontinued operations	—			—			—			—
Basic and diluted net income (loss) per share	$	(0.01	)	$	0.06		$	(0.01	)	$	0.01

	2013
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
Total revenues	$	59,723		$	79,105	$	82,174		$	77,956
Income (loss) from continuing operations	$	1,517		$	6,126	$	2,837		$	(3,855	)
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 share:
Basic and diluted net income (loss) per share from continuing operations	$	(0.03	)	$	0.03	$	(0.02	)	$	(0.09	)
Basic and diluted net income (loss) per share from discontinued operations	0.01			0.01		(0.05		)	0.02
Basic and diluted net (loss) income per share	$	(0.02	)	$	0.04	$	(0.07	)	$	(0.07	)