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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2017 and 2016 (amounts in thousands, except for per share data):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Earnings allocable to common shares:
 
 
 
 
 
 
 
 
Numerator - Loss Attributable to Common Shareholders:
 
 
 
 
 
 
 
 
Net Income (Loss) from Continuing Operations
 
$
3,024

 
$
(4,082
)
 
$
(2,073
)
 
$
(12,216
)
Provision for Income Taxes
 
—

 
—

 
—

 
(2
)
(Income) Loss attributable to noncontrolling interest loss allocation
 
1,224

 
19

 
490

 
92

Preferred dividends - cash and deemed
 
(1,224
)
 
(1,171
)
 
(3,616
)
 
(3,465
)
Net Income (Loss) from Continuing Operations attributable to common shareholders
 
3,024

 
(5,234
)

(5,199
)

(15,591
)
Net Income (Loss) from Discontinued Operations attributable to common shareholders
 
30

 
(848
)
 
4,766

 
(2,004
)
Net (Income) Loss attributable to common shareholders
 
$
3,054

 
$
(6,082
)

$
(433
)

$
(17,595
)
 
 
 
 
 
 
 
 
 
Denominator - Weighted average shares:
 
 
 
 
 
 
 
 
Weighted average number of common shares - Basic
 
16,253,427

 
15,922,321

 
16,166,285

 
15,914,283

Weighted average number of common shares assuming dilution
 
25,091,821
 
15,922,321
 
16,166,285
 
15,914,283
Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss) per share, Continuing Operations
 
$
0.26


$
(0.26
)

$
(0.10
)

$
(0.76
)
Preferred dividends per share
 
(0.07
)

(0.07
)

(0.22
)

(0.22
)
Net income (loss) per share, Continuing Operations, net
 
0.19

 
(0.33
)

(0.32
)

(0.98
)
Net income (loss) per share, Discontinued Operations
 
—


(0.05
)

0.29


(0.13
)
Net income (loss) attributable to common shareholders per share
 
$
0.19

 
$
(0.38
)

$
(0.03
)

$
(1.11
)
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income (loss) per share, Continuing Operations
 
$
0.17

 
$
(0.26
)
 
$
(0.10
)
 
$
(0.76
)
Preferred dividends per share
 
(0.05
)
 
(0.07
)
 
(0.22
)
 
(0.22
)
Net income (loss) per share, Continuing Operations, net
 
0.12

 
(0.33
)
 
(0.32
)
 
(0.98
)
Net income (loss) per share, Discontinued Operations
 
—

 
(0.05
)
 
0.29

 
(0.13
)
Net income (loss) attributable to common shareholders per share
 
$
0.12

 
$
(0.38
)
 
$
(0.03
)
 
$
(1.11
)
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 September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Options to purchase common stock
 
1,038,988

 
961,384

 
972,475

 
957,041

Restricted stock
 
61,128

 
929,223

 
589,835

 
889,790

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

  Total
 
3,100,116

 
12,090,607

 
11,762,310

 
12,046,831