Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

(Dollars in thousands, except per share amounts)

	Three Months Ended
	March 31, 2019			June 30, 2019			September 30, 2019			December 31, 2019
Revenues	$	96,006		$	95,094		$	88,432		$	87,675
Operating expenses	80,597			80,997			79,452			80,976
Net income (loss)	5,453			2,799			(2,325		)	(4,978		)
Income attributable to noncontrolling interests	(4,429		)	(1,840		)	(369		)	(1,929		)
Net income (loss) attributable to CWI 2 stockholders	$	1,024		$	959		$	(2,694	)	$	(6,907	)
Basic and diluted income (loss) per share — Class A common stock (a)	$	0.01		$	0.01		$	(0.03	)	$	(0.07	)
Basic and diluted income (loss) per share — Class T common stock (a)	$	0.01		$	0.01		$	(0.03	)	$	(0.07	)

	Three Months Ended
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018
Revenues	$	91,179		$	98,100		$	87,177		$	85,876
Operating expenses	77,622			81,784			76,650			77,733
Net income (loss)	1,584			4,334			(1,411		)	(4,856		)
Income attributable to noncontrolling interests	(3,078		)	(1,249		)	(1,194		)	(1,917		)
Net (loss) income attributable to CWI 2 stockholders	$	(1,494	)	$	3,085		$	(2,605	)	$	(6,773	)
Basic and diluted (loss) income per share — Class A common stock (a)	$	(0.02	)	$	0.04		$	(0.03	)	$	(0.07	)
Basic and diluted (loss) income per share — Class T common stock (a)	$	(0.02	)	$	0.03		$	(0.03	)	$	(0.08	)

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(a) Income (loss) per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while income (loss) per share for the full year is computed using the weighted-average number of shares outstanding during the year. Therefore, the sum of the four quarters income (loss) per share may not equal the full-year income (loss) per share.