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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents a reconciliation of net loss to net loss attributable to common shareholders used in the basic and diluted earnings per share calculations March 31, 2017 and 2016, (amounts in thousands, except for per share data):
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Earnings allocable to common shares:
 
 
 
 
Numerator - Loss Attributable to Common Shareholders:
 
 
 
 
Net Loss from Continuing Operations
 
$
(2,973
)
 
$
(3,568
)
Provision for Income Taxes
 
—

 
(2
)
Income attributable to noncontrolling interest loss allocation
 
21

 
55

Preferred dividends - cash and deemed
 
(1,187
)
 
(1,141
)
Net Loss from Continuing Operations attributable to common shareholders
 
(4,139
)
 
(4,656
)
Net Income (Loss) from Discontinued Operations attributable to common shareholders
 
4,976

 
(1,197
)
Net Income (Loss) attributable to common shareholders
 
$
837

 
$
(5,853
)
 
 
 
 
 
Denominator - Weighted average shares:
 
 
 
 
Weighted average common shares outstanding for basic and diluted earnings per common share
 
16,089,283

 
15,897,938

Basic and diluted earnings per common share:
 
 
 
 
Net loss per share, Continuing Operations
 
$
(0.19
)
 
$
(0.22
)
Preferred dividends per share
 
(0.07
)
 
(0.07
)
Net loss per share, Continuing Operations, net
 
(0.26
)
 
(0.29
)
Net income (loss) per share, Discontinued Operations
 
0.31

 
(0.08
)
Net income (loss) attributable to common shareholders per share
 
$
0.05

 
$
(0.37
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following securities were not included in the computation of diluted net loss per share as their effect would have been anti-dilutive (presented on a weighted average balance):
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Options to purchase common stock
 
938,667

 
928,817

Restricted stock
 
660,489

 
867,717

Warrants to purchase common stock
 
2,000,000

 
2,000,000

Convertible preferred stock
 
8,200,000

 
8,200,000

  Total
 
11,799,156

 
11,996,534