EX6150 Signal Drops

I just got the EX6150 Range Extender yesterday and ever since i set it up it has been dropping its signal ever minute or so.  I watched it for awhile and the router light flashes off for half a second and then comes back on. Shortly after, the client light shuts off for about 5 seconds and then comes back on - disconnecting all devices as a result.  Both lights are bright green, so I don't think the signal strength is the issue here.  

I'm usually very savvy with network-related troubleshooting, but it seems I can't figure this out.  So far all I've known to try is statically setting the IP address for the extender... it didn't work of course.

Any help on this issue would be greatly appreciated, as I paid around $80 for this thing.

Thanks!