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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2014
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Data (unaudited)
Selected Quarterly Financial Data (unaudited)
Quarterly financial information for the year ended December 31, 2014 is summarized below. The results of operations have been restated, as applicable, to show the effect of reclassifying properties sold or to be sold as discontinued operations. 
 
Quarter Ended
(Dollars in thousands, except per share data)
March 31 (1)

 
June 30 (2)

 
September 30 (3)

 
December 31 (4)

2014
 
 
 
 
 
 
 
Revenues from continuing operations
$
90,571

 
$
91,671

 
$
93,612

 
$
95,001

Income from continuing operations
7,477

 
9,005

 
8,437

 
9,060

Discontinued operations
(3,514
)
 
(2,994
)
 
(4,284
)
 
9,013

Net income
3,963

 
6,011

 
4,153

 
18,073

Less: (Income) from noncontrolling interests
(111
)
 
(40
)
 
(162
)
 
—

Net income attributable to common stockholders
$
3,852

 
$
5,971

 
$
3,991

 
$
18,073

Net income attributable to common stockholders per share:
 
 
 
 
 
 
 
Basic earnings per common share
$
0.04

 
$
0.06

 
$
0.04

 
$
0.19

Diluted earnings per common share
$
0.04

 
$
0.06

 
$
0.04

 
$
0.18

______
(1) The decreases in net income and amounts per share for the first quarter of 2014 are primarily attributable to impairment charges of $3.4 million.
(2) The increases in net income and amounts per share for the second quarter of 2014 are primarily attributable to a $1.9 million cash reimbursement received by the Company for certain operating expenses paid by the Company for years 2006 through 2013.
(3) The decreases in net income and amounts per share for the third quarter of 2014 are primarily attributable to impairment charges of $4.5 million.
(4) The increases in net income and amounts per share for the fourth quarter of 2014 are primarily attributable to gains on sales of real estate totaling $9.3 million, partially offset by impairment charges of $1.0 million.
Quarterly financial information for the year ended December 31, 2013 is summarized below. The results of operations have been restated, as applicable, to show the effect of reclassifying properties sold or to be sold as discontinued operations. 
 
Quarter Ended
(Dollars in thousands, except per share data)
March 31 (1)

 
June 30 (2)

 
September 30 (3)

 
December 31 (4)

2013
 
 
 
 
 
 
 
Revenues from continuing operations
$
78,970

 
$
80,552

 
$
82,805

 
$
88,622

Income (loss) from continuing operations
602

 
(27,861
)
 
4,511

 
9,656

Discontinued operations
(1,620
)
 
3,623

 
15,272

 
2,800

Net income (loss)
(1,018
)
 
(24,238
)
 
19,783

 
12,456

Less: (Income) loss from noncontrolling interests
19

 
33

 
(17
)
 
(72
)
Net income (loss) attributable to common stockholders
$
(999
)
 
$
(24,205
)
 
$
19,766

 
$
12,384

Net income attributable to common stockholders per share:
 
 
 
 
 
 
 
Basic earnings (loss) per common share
$
(0.01
)
 
$
(0.27
)
 
$
0.21

 
$
0.13

Diluted earnings (loss) per common share
$
(0.01
)
 
$
(0.27
)
 
$
0.21

 
$
0.13

______
(1) The decreases in net income and amounts per share for the first quarter of 2013 are primarily attributable to impairment charges of $3.6 million.
(2) The decreases in net income and amounts per share for the second quarter of 2013 are primarily attributable to losses of extinguishment of debt of $29.9 million, of which $0.3 million is included in discontinued operations. This amount is partially offset by gains on sales of real estate totaling $1.8 million.
(3) The increases in net income and amounts per share for the third quarter of 2013 are primarily attributable to gains on sales of real estate totaling $20.2 million, partially offset by impairment charges of $6.3 million.
(4) The increases in net income and amounts per share for the fourth quarter of 2013 are primarily attributable to gains on sales of real estate totaling $2.7 million.