Quarterly Financial Information (unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (unaudited)

Note 18—Quarterly Financial Information (unaudited)

Summarized quarterly financial data for the years ended December 31, 2019 and 2018 are presented in the following table.  Quarterly financial data for the year ended December 31, 2018 retroactively reflects the 15-to-1 reverse stock split at the close the BRMR Merger on February 28, 2019. In the following table, the sum of basic and diluted “Income (loss) per common share” for the four quarters may differ from the annual amounts due to the required method of computing weighted average number of shares in the respective periods. Additionally, due to the effect of rounding, the sum of the individual quarterly loss per share amounts may not equal the calculated year loss per share amount (in thousands, except per share data).

	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
Year ended December 31, 2019
Total operating revenues	$	141,497		$	155,540	$	163,295		$	174,109
Total operating expenses		136,642			145,370		158,394			153,146
Operating income		4,855			10,170		4,901			20,963
Income (loss) from continuing operations		(13,916	)		24,807		5,521			14,034
Income (loss) from discontinued operations		(182	)		2,705		(1,237	)		30
Net income (loss)		(14,098	)		27,512		4,284			14,064
Income (loss) per common share:
Basic and diluted from continuing operations	$	(0.54	)	$	0.69	$	0.15		$	0.39
Basic and diluted from discontinued operations	$	(0.01	)	$	0.08	$	(0.03	)	$	—
Basic and diluted	$	(0.55	)	$	0.77	$	0.12		$	0.39

	First Quarter			Second Quarter			Third Quarter		Fourth Quarter
Year ended December 31, 2018
Total operating revenues	$	110,192		$	103,622		$	130,123	$	171,208
Total operating expenses		95,651			92,989			108,929		123,590
Operating income		14,541			10,633			21,194		47,618
Net income (loss)		(2,626	)		(19,036	)		3,998		36,490
Income (loss) per common share:
Basic	$	(0.13	)	$	(0.95	)	$	0.20	$	1.81
Diluted	$	(0.13	)	$	(0.95	)	$	0.20	$	1.80