Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings per Common Share [Abstract]

Reconciliation of numerators and denominators of basic and diluted loss per share computations

The following table reconciles the numerators and denominators of the basic and diluted loss per share computations.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012		2011
Basic:
Net (loss) income attributable to common stockholders	($	19,303,133	)	($	5,123,551	)	$	3,527,187	($	19,241,213	)
Weighted average common shares outstanding		30,071,813			29,561,655			29,768,620		27,904,879
Basic earnings per common share	($	0.64	)	($	0.17	)	$	0.12	($	0.69	)
Diluted:
Effect of dilutive securities:
Net income (loss) attributable to common stockholders	($	19,303,133	)	($	5,123,551	)	$	3,527,187	($	19,241,213	)
Adjustments to Income for Dilutive options and warrants		—			—			—		—
		(19,303,133	)		(5,123,551	)		3,527,187		(19,241,213	)
Weighted average common shares outstanding		30,071,813			29,561,655			29,768,620		27,904,879
Effect of Dilutive options and warrants		—			—			65,958		—
Diluted weighted average common shares outstanding		30,071,813			29,561,655			29,834,578		27,904,879
Diluted earnings per common share	($	0.64	)	($	0.17	)	$	0.12	($	0.69	)

Total outstanding options and warrants

The following is the total outstanding options and warrants at September 30, 2012 and September 30, 2011, respectively.

	September 30, 2012		September 30, 2011
Options and warrants to purchase Common Stock		6,484,963		8,746,189