The image is taken from a Chandra website page entitled "M82: "Survivor" Black Holes May Be Mid-Sized".
It gives two references ("Feng, H. et al. 2010, ApJ 710, L137; Feng, H., Kaaret, P., 2010, ApJ 712, L169"); these are:
"Identification of the X-Ray Thermal Dominant State in an Ultraluminous X-Ray Source in M82" (link is to arXiv preprint abstract):
"Discovery of mHz X-ray Oscillations in a Transient Ultraluminous X-ray Source in M82" (ditto):Feng & Kaaret wrote:The thermal dominant state in black hole binaries (BHBs) is well understood but rarely seen in ultraluminous X-ray sources (ULXs). Using simultaneous observations of M82 with Chandra and XMM-Newton, we report the first likely identification of the thermal dominant state in a ULX based on the disappearance of X-ray oscillations, low timing noise, and a spectrum dominated by multicolor disk emission with luminosity varying to the 4th power of the disk temperature. This indicates that ULXs are similar to Galactic BHBs. The brightest X-ray spectrum can be fitted with a relativistic disk model with either a highly super-Eddington (L_disk/L_Edd = 160) non-rotating black hole or a close to Eddington (L_disk/L_Edd ~ 2) rapidly rotating black hole. The latter interpretation is preferred, due to the absence of such highly super-Eddington states in Galactic black holes and active galactic nuclei, and suggests that the ULX in M82 contains a black hole of 200-800 solar masses with nearly maximal spin. On long timescales, the source normally stays at a relatively low flux level with a regular 62-day orbital modulation and occasionally exhibits irregular flaring activity. The thermal dominant states are all found during outbursts.
Feng et al. wrote:We report the discovery of X-ray quasi-periodic oscillations (QPOs) at frequencies of 3-4 mHz from a transient ultraluminous X-ray source (ULX) X42.3+59 in M82. The QPOs are strong and broad and appear with weak or absent red noise, and are detected only in Chandra observations when the source is brighter than 10^40 ergs/s. The QPO behavior is similar to the type A-I QPOs found in XTE J1550-564, which is a subclass of low frequency QPOs with properties in between type A and B. Therefore, we identify the QPOs in X42.3+59 as of type A or B, and rule out the possibility of type C. With this identification, the mass of the black hole in X42.3+59 can be inferred as in the range of 12,000-43,000 solar masses by scaling the QPO frequency to that of the type A/B QPOs in stellar mass black holes. Cool disk emission is detected in one Chandra observation, and the disk inner radius suggests a similar black hole mass range. Black holes of such a high mass are able to produce an energy output in a manner similar to X42.3+59 by accreting from the interstellar medium directly.
