Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Common 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,
	2013			2012		2013			2012
Basic:
Net (loss) income attributable to common stockholders	$	(13,415,011	)	$	3,782,641	$	(26,137,651	)	$	10,533,257
Weighted average common shares outstanding		37,998,610			29,669,058		37,756,309			29,615,357
Basic earnings per common share	$	(0.35	)	$	0.13	$	(0.69	)	$	0.36
Diluted:
Effect of dilutive securities:
Net (loss) income attributable to common stockholders	$	(13,415,011	)	$	3,782,641	$	(26,137,651	)	$	10,533,257
Adjustments to Income for Dilutive options and warrants		—			—		—			—
		(13,415,011	)		3,782,641		(26,137,651	)		10,533,257
Weighted average common shares outstanding		37,998,610			29,669,058		37,756,309			29,615,357
Effect of Dilutive options and warrants		—			1,476,918		—			532,729
Diluted weighted average common shares outstanding		37,998,610			31,145,976		37,756,309			30,148,086
Diluted earnings per common share	$	(0.35	)	$	0.12	$	(0.69	)	$	0.35

Summary of Total Outstanding Options and Warrants

The following is the total outstanding options and warrants for the six months ended June 30, 2013 and 2012, respectively.

	June 30, 2013		June 30, 2012
Options and warrants to purchase Common Stock		6,216,978		6,998,847