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STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2018
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, 2018 and 2017 (amounts in thousands, except for per share data):
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2018
 
2017
 
2018
 
2017
Earnings allocable to common shares:
 
 
 
 
 
 
 
 
Numerator - Loss Attributable to Common Shareholders:
 
 
 
 
 
 
 
 
Net Loss from continuing operations
 
$
(115
)
 
$
3,024

 
$
(6,408
)
 
$
(2,073
)
Loss attributable to noncontrolling interest loss allocation
 
(1,105
)
 
1,224

 
(990
)
 
490

Preferred dividends - cash and deemed
 
(1,997
)
 
(1,224
)
 
(5,114
)
 
(3,616
)
Net Loss from continuing operations attributable to common shareholders
 
(3,217
)
 
3,024

 
(12,512
)
 
(5,199
)
Net Income from discontinued operations attributable to common shareholders
 
—

 
30

 
—

 
4,766

Net (Income) Loss attributable to common shareholders
 
$
(3,217
)
 
$
3,054

 
$
(12,512
)
 
$
(433
)
 
 
 
 
 
 
 
 
 
Denominator - Weighted average shares:








Weighted average number of common shares - Basic

16,726,610


16,253,427


16,696,201


16,166,285

Weighted average number of common shares assuming dilution

16,726,610


25,091,821


16,696,201


16,166,285

Basic earnings per common share:








   Net income (loss) per share, Continuing Operations

$
(0.07
)

$
0.26


$
(0.44
)

$
(0.10
)
   Preferred dividends per share

(0.12
)

(0.07
)

(0.31
)

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

(0.19
)

0.19


(0.75
)

(0.32
)
   Net income (loss) per share, Discontinued Operations

—


—


—


0.29

   Net income (loss) attributable to common shareholders per share

$
(0.19
)

$
0.19


$
(0.75
)

$
(0.03
)
Diluted earnings per common share:




   Net income (loss) per share, Continuing Operations

$
(0.07
)

$
0.17


$
(0.44
)

$
(0.10
)
   Preferred dividends per share

(0.12
)

(0.05
)

(0.31
)

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

(0.19
)

0.12


(0.75
)

(0.32
)
   Net income (loss) per share, Discontinued Operations

—


—


—


0.29

   Net income (loss) attributable to common shareholders per share

$
(0.19
)

$
0.12


$
(0.75
)

$
(0.03
)
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 as weighted average balances):


Three months ended September 30,

Nine months ended September 30,


2018

2017

2018

2017
Options to purchase common stock

1,085,497


1,038,988


1,080,442


972,475

Restricted stock

318,390


61,128


362,829


589,835

Warrants to purchase common stock

2,541,286


2,000,000


2,600,000


2,000,000

Convertible preferred stock

10,216,807


—


10,552,941


8,200,000

   Total

14,161,980


3,100,116


14,596,212


11,762,310