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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 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 for the three and six months ended June 30, 2017 and 2016, (amounts in thousands, except for per share data):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Earnings allocable to common shares:
 
 
 
 
 
 
 
 
Numerator - Loss Attributable to Common Shareholders:
 
 
 
 
 
 
 
 
Net Loss from Continuing Operations
 
$
(2,125
)
 
$
(4,565
)
 
$
(5,098
)
 
$
(8,133
)
Provision for Income Taxes
 
—

 
—

 
—

 
(2
)
(Income) Loss attributable to noncontrolling interest loss allocation
 
(755
)
 
18

 
(734
)
 
73

Preferred dividends - cash and deemed
 
(1,205
)
 
(1,153
)
 
(2,392
)
 
(2,294
)
Net Loss from Continuing Operations attributable to common shareholders
 
(4,085
)
 
(5,700
)

(8,224
)

(10,356
)
Net Income (Loss) from Discontinued Operations attributable to common shareholders
 
(240
)
 
40

 
4,736

 
(1,157
)
Net Loss attributable to common shareholders
 
$
(4,325
)
 
$
(5,660
)

$
(3,488
)

$
(11,513
)
 
 
 
 
 
 
 
 
 
Denominator - Weighted average shares:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding for basic and diluted earnings per common share
 
16,154,341

 
15,922,321

 
16,121,992

 
15,910,197

Basic and diluted earnings per common share:
 
 
 
 
 
 
 
 
Net loss per share, Continuing Operations
 
$
(0.18
)

$
(0.29
)

$
(0.36
)

$
(0.51
)
Preferred dividends per share
 
(0.07
)

(0.07
)

(0.15
)

(0.14
)
Net loss per share, Continuing Operations, net
 
(0.25
)
 
(0.36
)

(0.51
)

(0.65
)
Net income (loss) per share, Discontinued Operations
 
(0.01
)

—


0.29


(0.07
)
Net loss attributable to common shareholders per share
 
$
(0.26
)
 
$
(0.36
)

$
(0.22
)

$
(0.72
)
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 June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Options to purchase common stock
 
939,951

 
980,563

 
939,312

 
954,833

Restricted stock
 
916,492

 
843,334

 
789,197

 
855,458

Warrants to purchase common stock
 
2,000,000

 
2,000,000

 
2,000,000

 
2,000,000

Convertible preferred stock
 
8,200,000

 
8,200,000

 
8,200,000

 
8,200,000

  Total
 
12,056,443

 
12,023,897

 
11,928,509

 
12,010,291