| QUARTERLY FINANCIAL DATA (Unaudited) |
QUARTERLY FINANCIAL DATA (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | 2016 | | | 1st Quarter
Oct. - Dec | | 2nd Quarter
Jan. - March | | 3rd Quarter
April - June | | 4th Quarter
July - Sept. | | Total
For Year | Revenues | | $ | 21,405 |
| | $ | 24,857 |
| | $ | 23,245 |
| | $ | 24,757 |
| | $ | 94,264 |
| Expenses | | 23,187 |
| | 25,849 |
| | 26,610 |
| | 28,455 |
| | 104,101 |
| Total revenues less total expenses | | (1,782 | ) | | (992 | ) | | (3,365 | ) | | (3,698 | ) | | (9,837 | ) | Gain on sale of real estate | | 609 |
| | 24,226 |
| | 10,263 |
| | 11,379 |
| | 46,477 |
| Gain on sale of partnership interest | | — |
| | — |
| | 386 |
| | — |
| | 386 |
| Loss on extinguishment of debt | | — |
| | (2,668 | ) | | — |
| | (1,879 | ) | | (4,547 | ) | (Loss) income from continuing operations | | (1,173 | ) | | 20,566 |
| | 7,284 |
| | 5,802 |
| | 32,479 |
| (Loss) income from discontinued operations | | (1,600 | ) | | 14,279 |
| | — |
| | — |
| | 12,679 |
| Net (loss) income | | (2,773 | ) | | 34,845 |
| | 7,284 |
| | 5,802 |
| | 45,158 |
| Net loss (income) attributable to non-controlling interests | | 739 |
| | (9,909 | ) | | (1,804 | ) | | (2,895 | ) | | (13,869 | ) | Net (loss) income attributable to common shareholders | | $ | (2,034 | ) | | $ | 24,936 |
| | $ | 5,480 |
| | $ | 2,907 |
| | $ | 31,289 |
| | | | | | | | | | | | Basic and per share amounts attributable to common shareholders | | | | | | | | | | | Continuing operations | | $ | (0.10 | ) | | $ | 0.70 |
| | $ | 0.39 |
| | $ | 0.21 |
| | $ | 1.21 |
| Discontinued operations | | (0.04 | ) | | 1.06 |
| | — |
| | — |
| | 1.02 |
| Basic and diluted (loss) income per share | | $ | (0.14 | ) | | $ | 1.76 |
| | $ | 0.39 |
| | $ | 0.21 |
| | $ | 2.23 |
|
NOTE 15—QUARTERLY FINANCIAL DATA (Unaudited) - (continued) | | | | | | | | | | | | | | | | | | | | | | | | 2015 | | | 1st Quarter
Oct. - Dec | | 2nd Quarter
Jan. - March | | 3rd Quarter
April - June | | 4th Quarter
July - Sept. | | Total
For Year | Revenues | | $ | 18,526 |
| | $ | 19,123 |
| | $ | 19,790 |
| | $ | 19,656 |
| | $ | 77,095 |
| Expenses | | 20,320 |
| | 20,838 |
| | 21,596 |
| | 24,622 |
| | 87,376 |
| Total revenues less total expenses | | (1,794 | ) | | (1,715 | ) | | (1,806 | ) | | (4,966 | ) | | (10,281 | ) | Gain on sale of real estate | | — |
| | 2,777 |
| | — |
| | 12,228 |
| | 15,005 |
| (Loss) income from continuing operations | | (1,794 | ) | | 1,062 |
| | (1,806 | ) | | 7,262 |
| | 4,724 |
| Loss from discontinued operations | | (1,733 | ) | | (1,448 | ) | | (1,702 | ) | | (1,446 | ) | | (6,329 | ) | Net (loss) income | | (3,527 | ) | | (386 | ) | | (3,508 | ) | | 5,816 |
| | (1,605 | ) | Net loss (income) attributable to non-controlling interests | | 1,029 |
| | (362 | ) | | 930 |
| | (2,380 | ) | | (783 | ) | Net (loss) income attributable to common shareholders | | $ | (2,498 | ) | | $ | (748 | ) | | $ | (2,578 | ) | | $ | 3,436 |
| | $ | (2,388 | ) | | | | | | | | | | | | Basic and per share amounts attributable to common shareholders | | | | | | | | | | | Continuing operations | | $ | (0.15 | ) | | $ | (0.01 | ) | | $ | (0.13 | ) | | $ | 0.27 |
| | $ | (0.02 | ) | Discontinued operations | | (0.03 | ) | | (0.04 | ) | | (0.05 | ) | | (0.03 | ) | | (0.15 | ) | Basic and diluted (loss) income per share | | $ | (0.18 | ) | | $ | (0.05 | ) | | $ | (0.18 | ) | | $ | 0.24 |
| | $ | (0.17 | ) |
|