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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Summarized quarterly financial data

Summarized quarterly financial data for 2015 and 2014 is as follows (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 Quarter

 

 

 

First

 

Second

 

Third

 

Fourth

 

Net revenues

    

$
58,830

    

$
79,389

    

$
153,827

    

$
225,720

 

Expenses

 

 
63,832

 

 
84,026

 

 
148,302

 

 
209,374

 

Equity earnings (losses) from unconsolidated entities

 

 
(6)

 

 
171

 

 
(5)

 

 
(6)

 

Income (loss) before income taxes

 

 
(5,008)

 

 
(4,466)

 

 
5,520

 

 
16,340

 

Less: income tax expense

 

 

—

 

 

—

 

 

—

 

 
(436)

 

Less: net income attributable to non-controlling interests

 

 

—

 

 

—

 

 

—

 

 

—

 

Net income (loss) attributable to AV Homes

 

$
(5,008)

 

$
(4,466)

 

$
5,520

 

$
15,904

 

Earnings (loss) per share: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$
(0.23)

 

$
(0.20)

 

$
0.25

 

$
0.72

 

Diluted

 

$
(0.23)

 

$
(0.20)

 

$
0.25

 

$
0.65

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014 Quarter

 

 

 

First

 

Second

 

Third

 

Fourth

 

Net revenues

    

$
43,865

    

$
51,447

    

$
86,641

    

$
103,960

 

Expenses

 

 
45,499

 

 
53,694

 

 
85,958

 

 
102,349

 

Equity earnings (losses) from unconsolidated entities

 

 
1

 

 
(6)

 

 
(5)

 

 
(6)

 

Income (loss) before income taxes

 

 
(1,633)

 

 
(2,253)

 

 
678

 

 
1,605

 

Less: net income attributable to non-controlling interests

 

 
293

 

 
36

 

 

 —

 

 

 —

 

Net income (loss) attributable to AV Homes

 

$
(1,926)

 

$
(2,289)

 

$
678

 

$
1,605

 

Earnings (loss) per share: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$
(0.09)

 

$
(0.10)

 

$
0.03

 

$
0.07

 

(1)

Quarterly and year-to-date computations of per share amounts are made independently.  Therefore, the sum of per share amounts for the quarters may not be consistent with the per share amounts for the year.