STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

In addition, at March 31, 2016 and December 31, 2015, the Company had reserved the following number of shares of its authorized but unissued common stock for possible future issuance in connection with the following (in thousands):



	March 31, 2016	December 31, 2015
Exercise and future grants of stock options	3,025	2,700
Exercise of stock warrants	2,000	2,000
Conversion of preferred stock	8,200	8,200
Approved but unissued restricted common stock	1,180	1,565
Total	14,405	14,465

Schedule of Earnings Per Share, Basic and Diluted

The following table presents a reconciliation of net loss from continuing operations to net loss attributable to common shareholders used in the basic and diluted loss per share calculations for the three and three months ended March 31, 2016 and 2015 (amounts in thousands, except for share and per share data):



	Three Months Ended March 31,
	2016			2015
Earnings allocable to common shares:
Numerator - Loss Attributable to Common Shareholders:
Net loss from continuing operations	$	(4,767	)	$	(2,412	)
Net income attributable to noncontrolling interest	55			—
Preferred dividends (cash and deemed)	(1,141		)	(1,088		)
Net loss attributable to common shareholders	$	(5,853	)	$	(3,500	)
Denominator - Weighted average shares:
Weighted average common shares outstanding for basic and diluted loss per common share	15,897,938			15,250,673
Basic and Diluted loss per common share:
Net loss attributable to common shareholders per share	$	(0.37	)	$	(0.23	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following weighted average securities were not included in the computation of diluted net loss per share as their effect would have been anti-dilutive (in thousands):



	Three Months Ended March 31,
	2016	2015
Options to purchase common stock	929	740
Restricted stock	868	1,415
Warrants to purchase common stock	2,000	2,000
Convertible preferred stock	8,200	8,200
Total	11,997	12,355