Newton-based senior and assisted living REIT Five Star Quality Care Inc. has reported a jump in revenues and income for the fourth quarter 2010.

Total revenues for the fourth quarter of 2010 increased 5.4 percent to $315.7 million, up from $299.5 million for the same period the previous year.

Income from continuing operations for the fourth quarter of 2010 was $6.4 million, compared to $877,000 for the same period the previous year.

Income from continuing operations for the fourth quarter of 2010 included certain items that, in the aggregate, resulted in a positive impact of $1 million to earnings. These items were a $108,000 gain on early extinguishment of debt and a $933,000 gain on sale of available for sale securities.

Senior living occupancy for the fourth quarter of 2010 was 85.9 percent, compared to 86.2 percent for the same period the previous year.

Senior living average daily rate for the fourth quarter of 2010 increased by 4 percent to $150.11, up from $144.29 in the same period the previous year.

The percentage of senior living revenue derived from private sources other than Medicare and Medicaid for the fourth quarter of 2010 decreased to 70.1 percent, from 71.1 percent for the same period the previous year.

Total revenue for the year ended Dec. 31, 2010 increased 5.9 percent to $1.24 billion, up from $1.17 billion for the same period the previous year.

Income from continuing operations for the year ended Dec. 31, 2010 was $24.8 million, compared to $39.7 million for the same period the previous year.