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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
Selected quarterly financial data for the years ended December 31, 2017 and 2016 are as follows (in thousands, except per share amounts):
 
 
 
2017
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
117,989

 
$
129,056

 
$
136,587

 
$
131,745

Net income
 
$
33,206

 
$
34,083

 
$
22,445

 
$
9,787

Net income attributable to Summit Hotel Properties, Inc.
 
$
33,086

 
$
33,969

 
$
22,390

 
$
9,769

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.31

 
$
0.30

 
$
0.18

 
$
0.02

Diluted
 
$
0.31

 
$
0.30

 
$
0.17

 
$
0.02

 
 
 
2016
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total revenues
 
$
118,082

 
$
127,195

 
$
118,336

 
$
110,322

Net income
 
$
48,734

 
$
21,955

 
$
27,198

 
$
10,374

Net income attributable to Summit Hotel Properties, Inc.
 
$
48,485

 
$
21,865

 
$
27,083

 
$
10,372

Earnings per share:
 
 

 
 

 
 

 
 

Basic and diluted
 
$
0.51

 
$
0.20

 
$
0.25

 
$
0.04