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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Note 16 - Unaudited Quarterly Information
 
Summarized quarterly financial data for 2014 and 2013 is as follows (in thousands):
 
 
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

Income (loss) per share:
 
 
 
 
 
 
 
Basic and Diluted
$
(0.09
)
 
$
(0.10
)
 
$
0.03

 
$
0.07


 
2013 Quarter
 
First
 
Second
 
Third
 
Fourth
Net revenues
$
25,119

 
$
29,556

 
$
34,999

 
$
54,025

Expenses
29,815

 
34,209

 
35,970

 
51,878

Equity earnings (losses) from unconsolidated entities
(63
)
 
(15
)
 
(7
)
 
(17
)
 
 
 
 
 
 
 
 
Loss before income taxes
(4,759
)
 
(4,668
)
 
(978
)
 
2,130

Less: Net loss attributable to non-controlling interests
—

 
—

 
899

 
306

 
 
 
 
 
 
 
 
Net loss attributable to AV Homes
$
(4,759
)
 
$
(4,668
)
 
$
(1,877
)
 
$
1,824

Loss per share:
 
 
 
 
 
 
 
Basic and Diluted
$
(0.38
)
 
$
(0.36
)
 
$
(0.86
)
 
$
0.08



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 agree with the per share amounts for the year.

2.
The deemed dividend related to the beneficial conversion feature had an impact of ($.75) per share on earnings for the quarter ended September 30, 2013.