Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.8.0.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)

 
 
Quarters
 
 
1st
 
2nd
 
3rd
 
4th
 
2017:
 
  

 
  

 
  

 
  

 
Revenues
 
$
290,291

 
$
311,536

 
$
322,309

 
$
344,016

 
Expenses (1)
 
294,961

 
310,286

 
317,649

 
344,095

 
(Loss) income before item shown below
 
(4,670
)
 
1,250

 
4,660

 
(79
)
 
Change in fair value of contingent consideration
 
152

 
(63
)
 
(3
)
 
(67
)
 
(Loss) income before income taxes
 
$
(4,518
)
 
$
1,187

 
$
4,657

 
$
(146
)
 
Net (loss) income
 
$
(3,679
)
 
$
1,325

 
$
3,402

 
$
6,634

 
Loss (income) attributable to noncontrolling interest
 
5

 
3

 
(3
)
 
10

 
Net (loss) income attributable to the Company
 
$
(3,674
)
 
$
1,328

 
$
3,399

 
$
6,644

 
Dividends declared on preferred stock
 
(7,924
)
 
(7,953
)
 
(8,149
)
 
(8,456
)
 
Net loss available to common shareholders
 
$
(11,598
)
 
$
(6,625
)
 
$
(4,750
)
 
$
(1,812
)
 
Basic loss per common share (2)
 
$
(0.06
)
 
$
(0.03
)
 
$
(0.02
)
 
$
(0.01
)
 
Diluted loss per common share (2)
 
$
(0.06
)
 
$
(0.03
)
 
$
(0.02
)
 
$
(0.01
)
 
Basic weighted average common shares
 
192,270,615

 
192,304,828

 
192,912,643

 
194,749,001

 
Diluted weighted average common shares
 
192,270,615

 
192,304,828

 
192,912,643

 
194,749,001

 

(1)
Includes a $1,429, $1,378, $1,341 and $1,391 charge for non-cash compensation in the first, second, third and fourth quarters of 2017, respectively.

(2)
Due to rounding, the sum of the quarters' basic and diluted loss per common share do not equal the full fiscal year amount.

 
 
Quarters
  
 
1st
 
2nd
 
3rd
 
4th
 
2016:
 
  

 
  

 
  

 
  

 
Revenues
 
$
265,796

 
$
269,775

 
$
274,323

 
$
297,059

 
Expenses (1)
 
272,124

 
271,302

 
281,162

 
294,435

 
Loss before item shown below
 
(6,328
)
 
(1,527
)
 
(6,839
)
 
2,624

 
Change in fair value of contingent consideration
 
(57
)
 
(49
)
 
(72
)
 
(38
)
 
Loss before income taxes
 
$
(6,385
)
 
$
(1,576
)
 
$
(6,911
)
 
$
2,586

 
Net income (loss)
 
$
2,384

 
$
(17,801
)
 
$
(7,515
)
 
$
621

 
Loss attributable to noncontrolling interest
 
18

 
14

 
1

 
9

 
Net income (loss) attributable to the Company
 
$
2,402

 
$
(17,787
)
 
$
(7,514
)
 
$
630

 
Dividends declared on preferred stock
 
(7,345
)
 
(7,389
)
 
(7,780
)
 
(7,924
)
 
Net loss available to common shareholders
 
$
(4,943
)
 
$
(25,176
)
 
$
(15,294
)
 
$
(7,294
)
 
Basic loss per common share
 
$
(0.03
)
 
$
(0.14
)
 
$
(0.08
)
 
$
(0.04
)
 
Diluted loss per common share
 
$
(0.03
)
 
$
(0.14
)
 
$
(0.08
)
 
$
(0.04
)
 
Basic weighted average common shares
 
181,363,446

 
180,674,937

 
181,032,730

 
188,837,490

 
Diluted weighted average common shares
 
181,363,446

 
180,674,937

 
181,032,730

 
188,837,490

 
`

(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.