| Selected Quarterly Data |
Note 15. Selected Quarterly Data
The following is a summary of quarterly financial information for the periods shown below:
|
|
|
Three months ended |
|
|
|
|
September 30,
2019 |
|
|
December 31,
2019 |
|
|
March 31,
2020 |
|
|
June 30,
2020 |
|
|
September 30,
2020 |
|
|
Total revenues |
|
$ |
29,588,014 |
|
|
$ |
30,076,693 |
|
|
$ |
30,298,123 |
|
|
$ |
29,469,545 |
|
|
$ |
31,363,122 |
|
|
Total operating expenses |
|
$ |
27,773,486 |
|
|
$ |
26,965,933 |
|
|
$ |
61,368,274 |
|
|
$ |
27,497,027 |
|
|
$ |
26,992,137 |
|
|
Operating income (loss) |
|
$ |
1,814,528 |
|
|
$ |
7,055,456 |
|
|
$ |
(31,070,151 |
) |
|
$ |
1,972,518 |
|
|
$ |
4,370,985 |
|
|
Net loss |
|
$ |
(9,541,579 |
) |
|
$ |
(4,321,670 |
) |
|
$ |
(37,743,581 |
) |
|
$ |
(7,062,841 |
) |
|
$ |
(4,456,497 |
) |
|
Net loss attributable to common
stockholders |
|
$ |
(8,214,826 |
) |
|
$ |
(5,431,504 |
) |
|
$ |
(35,073,951 |
) |
|
$ |
(8,491,421 |
) |
|
$ |
(6,259,114 |
) |
|
Net loss per Class A Share-basic
and diluted |
|
$ |
(0.14 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.59 |
) |
|
$ |
(0.14 |
) |
|
$ |
(0.10 |
) |
|
Net loss per Class T Share-basic
and diluted |
|
$ |
(0.14 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.59 |
) |
|
$ |
(0.14 |
) |
|
$ |
(0.10 |
) |
|