Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2013

Stockholders Equity Note [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

Earnings per share for the three and six  months ended June 30, 2013 and 2012 are computed as follows: 

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Numerator - Income (loss):
Net income (loss) from continuing     operations	$	(3,719)	$	(7,433)	$	(7,629)	$	(11,698)
Net income (loss) from     discontinued operations		(1,175)		(12,278)		397,912		(8,372)
Net income (loss)		(4,894)		(19,711)		390,283		(20,070)
Accrued preferred stock dividends		(1,790)		(1,790)		(3,580)		(3,580)
Numerator for basic income per     share - net income (loss) available     to common stockholders:		(6,684)		(21,501)		386,703		(23,650)
Effect of dilutive securities		-		-		-		-
Diluted earnings:
Net income (loss) available to common stockholders	$	(6,684)	$	(21,501)	$	386,703	$	(23,650)
Denominator-Weighted average     shares:
Weighted average shares     outstanding		59,371,950		51,300,973		59,341,323		51,281,149
Less: Unvested restricted shares		(766,731)		(541,667)		(699,876)		(541,667)
Denominator for basic income     per share		58,605,219		50,759,306		58,641,447		50,739,482
Effect of dilutive securities:
LTIP		-		-		-		-
Stock based compensation plans		-		-		-		-
Phantom stock units		-		-		-		-
Diluted Shares		58,605,219		50,759,306		58,641,447		50,739,482

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Accumulated other comprehensive income (loss) for the period ended June 30, 2013 and 2012 is comprised of the following: 

	As of June 30,
	2013		2012
Net realized and unrealized losses on interest rate swap and cap      agreements accounted for as cash flow hedges	$	-	$	(187,235)
Net unrealized loss on available-for-sale securities		-		(146,359)
Net unrealized gain on debt securities		183
Total accumulated other comprehensive income (loss)	$	183	$	(333,594)