Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information (Unaudited)

Schedule of Quarterly Financial Information

The Company’s quarterly consolidated unaudited financial information for the years ended December 31, 2018 and 2019 is summarized in the table below (in thousands, except per share data):

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
Year ended December 31, 2018
Total income	$	28,453		33,145		37,816		43,492
Total operating expenses		9,560		11,509		10,803		11,979
Net income and comprehensive income		12,805		14,387		18,028		21,388
Net income attributable to Series B units		(413)		(506)		(598)		(3,719)
Net income attributable to common shareholders		12,392		13,881		17,430		17,669
Net income per common share–basic and diluted	$	0.07		0.07		0.09		0.10
Year ended December 31, 2019
Total operating revenues	$	54,108		255,618		243,795		239,067
Total operating expenses		43,500		138,027		577,884		431,670
Operating income (loss)		10,608		117,591		(334,089)		(192,603)
Net income (loss) and comprehensive income (loss)		9,648		69,274		(289,477)		(144,559)
Net income (loss) per common share–basic and diluted	$	0.04		0.14		(0.57)		(0.29)