| Summary of Quarterly Financial Data |
The following table summarizes our quarterly financial data which,
in the opinion of management, reflects all adjustments, consisting
only of normal recurring adjustments, necessary for a fair
presentation of our results of operations (Amounts for the
individual quarters when aggregated may not agree to the full year
due to rounding, in thousands, except for per share data):
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For the Three-Months Ended |
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March 31, 2016 |
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June 30, 2016 |
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Sept. 30, 2016 |
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Dec. 31, 2016 |
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Total Revenue
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$ |
20,483 |
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$ |
21,845 |
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$ |
19,008 |
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$ |
19,862 |
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Total Expenses
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17,509 |
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|
19,110 |
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|
16,951 |
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18,840 |
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Income before equity method investments
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2,974 |
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2,735 |
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|
2,057 |
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|
1,022 |
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Income (loss) from equity method investments
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|
270 |
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|
1,076 |
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|
1,331 |
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|
3,433 |
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Income before income taxes
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$ |
3,244 |
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$ |
3,811 |
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$ |
3,388 |
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$ |
4,455 |
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Income tax benefit (expense)
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(47 |
) |
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(36 |
) |
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(41 |
) |
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(18 |
) |
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Net Income
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$ |
3,197 |
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$ |
3,775 |
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$ |
3,347 |
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$ |
4,437 |
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Net Income attributable to controlling shareholders
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$ |
3,169 |
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$ |
3,747 |
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$ |
3,329 |
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$ |
4,408 |
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Basic and diluted earnings per common share
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$ |
0.07 |
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$ |
0.09 |
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$ |
0.07 |
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$ |
0.09 |
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For the Three-Months Ended |
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March 31, 2015 |
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June 30, 2015 |
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Sept. 30, 2015 |
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Dec. 31, 2015 |
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Total Revenue
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$ |
13,908 |
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$ |
13,531 |
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$ |
15,043 |
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$ |
16,196 |
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Total Expenses
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11,731 |
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11,676 |
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13,064 |
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13,957 |
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Income before equity method investments
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2,177 |
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|
1,855 |
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|
1,979 |
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|
2,239 |
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Income (loss) from equity method investments
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(53 |
) |
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|
(295 |
) |
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|
187 |
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|
63 |
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Income before income taxes
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$ |
2,124 |
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|
$ |
1,560 |
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$ |
2,166 |
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$ |
2,302 |
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Income tax benefit (expense)
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|
23 |
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(76 |
) |
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(24 |
) |
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|
(41 |
) |
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Net Income
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$ |
2,147 |
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$ |
1,484 |
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$ |
2,142 |
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$ |
2,261 |
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Net Income attributable to controlling shareholders
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$ |
2,122 |
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$ |
1,470 |
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$ |
2,119 |
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$ |
2,247 |
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Basic and diluted earnings per common share
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$ |
0.07 |
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$ |
0.04 |
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$ |
0.06 |
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$ |
0.05 |
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