XML 17 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Common Share (Tables)
6 Months Ended
Jun. 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
June 30,
    Six Months Ended
June 30,
 
    Restated
2012
    2011     Restated
2012
    2011  

Basic:

                               

Net income (loss) attributable to common stockholders

  $ 3,782,641     $ (5,098,351   $ 10,533,257     $ (14,117,662

Weighted average common shares outstanding

    29,669,058       28,998,451       29,615,357       27,062,761  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per common share

  $ 0.13     $ (0.18   $ 0.36     $ (0.52
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted:

                               

Effect of dilutive securities:

                               

Net income (loss) attributable to common stockholders

  $ 3,782,641     $ (5,098,351   $ 10,533,257     $ (14,117,662

Adjustments to Income for Dilutive options and warrants

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 
      3,782,641       (5,098,351     10,533,257       (14,117,662
         

Weighted average common shares outstanding

    29,669,058       28,998,451       29,615,357       27,062,761  

Effect of Dilutive options and warrants

    1,476,918       0       532,729       0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted weighted average common shares outstanding

    31,145,976       28,998,451       30,148,086       27,062,761  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per common share

  $ 0.12     $ (0.18   $ 0.35     $ (0.52
   

 

 

   

 

 

   

 

 

   

 

 

 
Total outstanding options and warrants

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

 

                 
    June 30, 2012     June 30, 2011  

Options and warrants to purchase Common Stock

    6,998,847       9,073,689