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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share  
Schedule of computation of basic and diluted earnings per common share

The following tables set forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2013, and March 31, 2012, respectively (in thousands, except share data).

 

 

 

Three months Ended
March 31, 2013

 

Numerator

 

 

 

Net loss from continuing operations

 

$

(418

)

Less: preferred stock dividends

 

1,553

 

Less: amount allocable to unvested restricted stockholders

 

69

 

Less: noncontrolling interest allocable to continuing operations

 

(265

)

Loss from continuing operations available to common stockholders

 

$

(1,775

)

Income attributable to discontinued operations

 

$

 

Less: noncontrolling interest allocable to discontinued operations

 

 

Income from discontinued operations attributable to common stockholders

 

$

 

Denominator

 

 

 

Weighted average common shares outstanding—basic and diluted

 

40,514,942

 

Loss from continuing operations attributable to common stockholders

 

$

(0.04

)

Loss from discontinued operations attributable to common stockholders

 

 

Loss per share—basic and diluted

 

$

(0.04

)

 

 

 

Three months Ended
March 31, 2012

 

Numerator

 

 

 

Net loss from continuing operations

 

$

(1,309

)

Less: preferred stock dividends

 

1,553

 

Less: amount allocable to unvested restricted stockholders

 

 

Less: noncontrolling interest allocable to continuing operations

 

(955

)

Loss from continuing operations available to common stockholders

 

$

(1,907

)

Loss attributable to discontinued operations

 

$

(52

)

Less: noncontrolling interest allocable to discontinued operations

 

(17

)

Income from discontinued operations attributable to common stockholders

 

$

(35

)

Denominator

 

 

 

Weighted average common shares outstanding—basic and diluted

 

15,824,627

 

Loss from continuing operations attributable to common stockholders

 

$

(0.12

)

Loss from discontinued operations attributable to common stockholders

 

(0.00

)

Loss per share—basic and diluted

 

$

(0.12

)