| Schedule of Selected Quarterly Financial Data (Unaudited) |
The Company believes that all necessary adjustments, consisting only of normal recurring adjustments, have been included in the amounts stated below to present fairly, and in accordance with GAAP, the selected quarterly information (amounts in thousands, except shares and per share data): | | | | | | | | | | | | | | | | | | 2018 | | Fourth
Quarter | | Third
Quarter | | Second
Quarter | | First
Quarter | Total revenue | $ | 46,569 |
| | $ | 45,518 |
| | $ | 43,950 |
| | $ | 41,295 |
| Total expenses | (30,627 | ) | | (28,863 | ) | | (28,556 | ) | | (26,049 | ) | Income from operations | 15,942 |
| | 16,655 |
| | 15,394 |
| | 15,246 |
| Interest and other expense, net | (9,476 | ) | | (8,938 | ) | | (8,208 | ) | | (7,742 | ) | Net income attributable to common stockholders | $ | 6,466 |
| | $ | 7,717 |
| | $ | 7,186 |
| | $ | 7,504 |
| Net income per common share attributable to common stockholders: | | | | | | | | Basic | $ | 0.05 |
| | $ | 0.06 |
| | $ | 0.06 |
| | $ | 0.06 |
| Diluted | $ | 0.05 |
| | $ | 0.06 |
| | $ | 0.06 |
| | $ | 0.06 |
| Weighted average number of common shares outstanding: | | | | | | | | Basic | 135,271,638 |
| | 132,467,127 |
| | 129,926,130 |
| | 126,384,346 |
| Diluted | 135,297,138 |
| | 132,491,755 |
| | 129,948,432 |
| | 126,401,940 |
|
| | | | | | | | | | | | | | | | | | 2017 | | Fourth
Quarter | | Third
Quarter | | Second
Quarter | | First
Quarter | Total revenue | $ | 37,266 |
| | $ | 36,205 |
| | $ | 27,602 |
| | $ | 24,022 |
| Total expenses | (23,926 | ) | | (23,980 | ) | | (17,888 | ) | | (15,467 | ) | Income from operations | 13,340 |
| | 12,225 |
| | 9,714 |
| | 8,555 |
| Interest and other expense, net | (6,932 | ) | | (6,786 | ) | | (5,073 | ) | | (3,764 | ) | Net income attributable to common stockholders | $ | 6,408 |
| | $ | 5,439 |
| | $ | 4,641 |
| | $ | 4,791 |
| Net income per common share attributable to common stockholders: | | | | | | | | Basic | $ | 0.05 |
| | $ | 0.05 |
| | $ | 0.05 |
| | $ | 0.06 |
| Diluted | $ | 0.05 |
| | $ | 0.05 |
| | $ | 0.05 |
| | $ | 0.06 |
| Weighted average number of common shares outstanding: | | | | | | | | Basic | 119,651,271 |
| | 105,388,118 |
| | 94,910,818 |
| | 86,482,927 |
| Diluted | 119,666,234 |
| | 105,405,297 |
| | 94,925,665 |
| | 86,499,543 |
|
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