| Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited)
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Quarters |
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1st |
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2nd |
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3rd |
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4th |
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2016: |
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Revenues |
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$ |
265,796 |
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$ |
269,775 |
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$ |
274,323 |
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$ |
297,059 |
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Expenses (1)
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272,124 |
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271,302 |
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281,162 |
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294,435 |
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(Loss) income before item shown below |
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(6,328 |
) |
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(1,527 |
) |
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(6,839 |
) |
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2,624 |
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Change in fair value of contingent consideration |
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(57 |
) |
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(49 |
) |
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(72 |
) |
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(38 |
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(Loss) income before income taxes |
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$ |
(6,385 |
) |
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$ |
(1,576 |
) |
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$ |
(6,911 |
) |
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$ |
2,586 |
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Net income (loss) |
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$ |
2,384 |
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$ |
(17,801 |
) |
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$ |
(7,515 |
) |
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$ |
621 |
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Loss attributable to noncontrolling interest |
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18 |
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14 |
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1 |
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9 |
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Net income (loss) attributable to the Company |
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$ |
2,402 |
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$ |
(17,787 |
) |
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$ |
(7,514 |
) |
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$ |
630 |
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Dividends declared on preferred stock |
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(7,345 |
) |
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(7,389 |
) |
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(7,780 |
) |
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(7,924 |
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Net loss available to common shareholders |
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$ |
(4,943 |
) |
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$ |
(25,176 |
) |
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$ |
(15,294 |
) |
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$ |
(7,294 |
) |
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Basic loss per common share |
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$ |
(0.03 |
) |
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$ |
(0.14 |
) |
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$ |
(0.08 |
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$ |
(0.04 |
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Diluted loss per common share |
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$ |
(0.03 |
) |
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$ |
(0.14 |
) |
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$ |
(0.08 |
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$ |
(0.04 |
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Basic weighted average common shares |
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181,363,446 |
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180,674,937 |
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181,032,730 |
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188,837,490 |
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Diluted weighted average common shares |
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181,363,446 |
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180,674,937 |
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181,032,730 |
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188,837,490 |
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(1) |
Includes a $1,355, $1,341, $1,300 and $1,315 charge for non-cash compensation in the first, second, third and fourth quarters of 2016 respectively.
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Quarters |
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1st
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2nd
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3rd
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4th |
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2015: |
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Revenues |
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$ |
278,823 |
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$ |
296,748 |
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$ |
282,214 |
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$ |
294,333 |
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Expenses (1)
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284,146 |
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299,581 |
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285,363 |
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294,778 |
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Loss before item shown below |
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(5,323 |
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(2,833 |
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(3,149 |
) |
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(445 |
) |
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Change in fair value of contingent consideration |
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31 |
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— |
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— |
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24 |
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Loss before income taxes |
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$ |
(5,292 |
) |
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$ |
(2,833 |
) |
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$ |
(3,149 |
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$ |
(421 |
) |
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Net loss |
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$ |
(3,572 |
) |
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$ |
(2,477 |
) |
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$ |
(2,937 |
) |
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$ |
(2,227 |
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Loss attributable to noncontrolling interest |
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20 |
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8 |
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11 |
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23 |
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Net loss attributable to the Company |
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$ |
(3,552 |
) |
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$ |
(2,469 |
) |
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$ |
(2,926 |
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$ |
(2,204 |
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Dividends declared on preferred stock |
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(6,332 |
) |
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(7,152 |
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(7,289 |
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(7,335 |
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Net loss available to common shareholders |
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$ |
(9,884 |
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$ |
(9,621 |
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$ |
(10,215 |
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$ |
(9,539 |
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Basic loss per common share |
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$ |
(0.05 |
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$ |
(0.05 |
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$ |
(0.06 |
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$ |
(0.05 |
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Diluted loss per common share |
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$ |
(0.05 |
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$ |
(0.05 |
) |
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$ |
(0.06 |
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$ |
(0.05 |
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Basic weighted average common shares |
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184,998,551 |
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184,743,052 |
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183,519,768 |
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181,423,440 |
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Diluted weighted average common shares |
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184,998,551 |
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184,743,052 |
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183,519,768 |
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181,423,440 |
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(1) |
Includes a $3,260, $2,424, $242 and $2,833 charge for non-cash compensation in the first, second, third and fourth quarters of 2015, respectively.
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