SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2014

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Schedule of selected consolidated quarterly financial data

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	)