Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table presents our quarterly financial data. This information has been prepared on a basis consistent with that of our audited consolidated and combined financial statements. Our quarterly results of operations for the periods presented are not necessarily indicative of future results of operations. Our quarterly financial data, for periods prior to the Spin-Off, has been prepared on a “carve-out” basis from Ensign’s combined financial statements using the historical results of operations, cash flows, assets and liabilities attributable to the Company. This unaudited quarterly data should be read together with the accompanying consolidated and combined financial statements and related notes thereto (in thousands, except per share amounts):

	For the Year Ended December 31, 2015
	First Quarter			Second Quarter			Third Quarter		Fourth Quarter
Operating data:
Total revenues	$	16,958		$	17,376		$	17,985	$	22,632
Income before provision for income taxes	2,038			2,266			727		5,003
Provision for income taxes	—			—			—		—
Net income	2,038			2,266			727		5,003
Earnings per common share, basic	0.06			0.07			0.02		0.10
Earnings per common share, diluted	0.06			0.07			0.02		0.10
Other data:
Weighted-average number of common shares outstanding, basic	31,257			31,278			39,125		47,660
Weighted-average number of common shares outstanding, diluted	31,257			31,278			39,125		47,660
	For the Year Ended December 31, 2014
	First Quarter			Second Quarter			Third Quarter		Fourth Quarter
Operating data:
Total revenues	$	12,871		$	14,065		$	15,884	$	16,077
(Loss) income before provision for income taxes	(362		)	(10,325		)	1,967		630
Provision for income taxes	36			17			—		—
Net (loss) income	(398		)	(10,342		)	1,967		630
(Loss) earnings per common share, basic	(0.02		)	(0.47		)	0.09		0.03
(Loss) earnings per common share, diluted	(0.02		)	(0.47		)	0.09		0.03
Other data:
Weighted-average number of common shares outstanding, basic	22,228			22,231			22,255		24,419
Weighted-average number of common shares outstanding, diluted	22,228			22,231			22,436		24,586