NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 18. QUARTERLY FINANCIAL DATA (UNAUDITED) We have restated previously reported quarterly financial results for the years ended December 31, 2003 and December 31, 2002 to give effect to the reclassification of revenues, expenses and gains or losses on sales of real estate to discontinued operations based upon the adoption of FAS 144 for the sale of real estate with separate, identifiable cash flows. The following table sets forth summary quarterly finan- cial information for the years ended December 31, 2003 and 2002 (unaudited and in thousands, except per share data). Year Ended December 31, 2003 Fourth  First Quarter Second Quarter Third Quarter Quarter Previously As Previously As Previously As As Reported Restated Reported Restated Reported Restated Reported Total Revenues $ 29,177 $ 28,655 $ 29,620 $ 29,198 $ 30,355 $ 29,952 $ 34,167 Income from continuing operations 2,191 2,186 2,885 2,849 3,520 3,491 4,339 Net income 2,191 2,191 2,307 2,307 3,520 3,520 4,831 Basic earnings per common share Income from continuing operations (1) .19 .19 .26 .26 .34 .34 .39 Net income (1) .19 .19 .20 .20 .34 .34 .44 Diluted earnings per common share Income from continuing operations (1) .19 .19 .26 .25 .33 .33 .39 Net income (1) .19 .19 .20 .20 .33 .33 .43 (1) Quarterly amounts may not add to annual amounts due to the effect of rounding on a quarterly basis. 60 | 2003 ANNUAL REPORT