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Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Data (unaudited)
Selected Quarterly Financial Data (unaudited)
Quarterly financial information for the year ended December 31, 2017 is summarized below.
 
Quarter Ended
(Dollars in thousands, except per share data)
March 31 (1)

 
June 30 (2)

 
September 30 (3)

 
December 31 (4)

2017
 
 
 
 
 
 
 
Revenues from continuing operations
$
104,569

 
$
105,245

 
$
106,953

 
$
107,731

Income (loss) from continuing operations
31,858

 
25,224

 
3,165

 
(37,151
)
Income (loss) from discontinued operations
(13
)
 
—

 
8

 
—

Net income (loss) attributable to common stockholders
$
31,845

 
$
25,224

 
$
3,173

 
$
(37,151
)
Net income attributable to common stockholders per share:
 
 
 
 
 
 
 
Basic earnings per common share
$
0.28

 
$
0.22

 
$
0.02

 
$
(0.31
)
Diluted earnings per common share
$
0.28

 
$
0.22

 
$
0.02

 
$
(0.31
)
______
(1)
The increases in net income and amounts per share for the first quarter of 2017 are primarily attributable to gains of $23.4 million on the sale of six properties.
(2)
The increases in net income and amounts per share for the second quarter of 2017 are primarily attributable to gains of $16.1 million on the sale of three properties.
(3)
The decreases in net income and amounts per share for the third quarter of 2017 are primarily attributable to impairment charges of $5.1 million.
(4)
The decreases in net income and amounts per share for the fourth quarter of 2017 are primarily attributable to a loss on the extinguishment of debt of $45.0 million.
Quarterly financial information for the year ended December 31, 2016 is summarized below.
 
Quarter Ended
(Dollars in thousands, except per share data)
March 31 

 
June 30

 
September 30

 
December 31 (1)

2016
 
 
 
 
 
 
 
Revenues from continuing operations
$
100,021

 
$
102,642

 
$
103,659

 
$
105,309

Income from continuing operations
9,163

 
12,157

 
11,857

 
52,580

Loss from discontinued operations
(7
)
 
(12
)
 
(23
)
 
(143
)
Net income attributable to common stockholders
$
9,156

 
$
12,145

 
$
11,834

 
$
52,437

Net income attributable to common stockholders per share:
 
 
 
 
 
 
 
Basic earnings per common share
$
0.09

 
$
0.12

 
$
0.10

 
$
0.46

Diluted earnings per common share
$
0.09

 
$
0.12

 
$
0.10

 
$
0.45

______
(1)
The increases in net income and amounts per share for the fourth quarter of 2016 are primarily attributable to gains of $41.0 million on the sale of six properties.