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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings (Loss) Per Share  
Schedule of reconciliations of the basic and diluted income (loss) per share

 

 

 

 

December 31,
2012

 

December 31,
2011

 

June 30,
2011

 

Basic and Diluted (Loss) Earnings Per Share:

 

 

 

 

 

 

 

(Loss) Income from continuing operations

 

$

(2,761,935

)

$

1,062,255

 

$

(5,197,392

)

Income attributable to non-controlling interests

 

(29,745

)

(518,325

)

(395,732

)

Series H Preferred Stock beneficial conversion feature

 

(17,792

)

(7,362

)

(14,724

)

Less: Preferred stock dividends

 

 

(399,224

)

(1,586,009

)

(Loss) Income attributable to common stockholders

 

$

(2,809,472

)

$

137,344

 

$

(7,193,857

)

 

 

 

 

 

 

 

 

Income from discontinued operations

 

$

 

$

3,653,603

 

$

1,208,009

 

 

 

 

 

 

 

 

 

Net (Loss) Income

 

$

(2,809,472

)

$

3,790,947

 

$

(5,985,848

)

 

 

 

 

 

 

 

 

Shares (Denominator)

 

 

 

 

 

 

 

Weighted-average number of common shares:

 

 

 

 

 

 

 

Basic

 

829,947

 

108,983

 

107,742

 

Diluted

 

829,947

 

108,983

 

107,742

 

 

 

 

 

 

 

 

 

Earnings Per Common Share

 

 

 

 

 

 

 

Basic - continuing operations

 

$

(3.39

)

$

1.26

 

$

(66.77

)

Diluted - continuing operations

 

$

(3.39

)

$

1.26

 

$

(66.77

)

Basic - discontinued operations

 

$

 

$

33.52

 

$

11.21

 

Diluted - discontinued operations

 

$

 

$

33.52

 

$

11.21

 

Basic — (Loss) Net Income

 

$

(3.39

)

$

34.78

 

$

(55.56

)

Diluted — (Loss) Net Income

 

$

(3.39

)

$

34.78

 

$

(55.56

)