The following tables set forth the computation of basic and diluted earnings per common share for the three and nine months ended September 30, 2013, and September 30, 2012, respectively (in thousands, except share data).

	Three months ended September 30, 2013
Numerator
Net income from continuing operations	$	294
Less: preferred stock dividends	2,712
Less: amount allocable to unvested restricted stockholders	64
Less: noncontrolling interest after preferred stock dividends allocable to continuing operations	(335		)
Loss from continuing operations available to common stockholders	$	(2,147	)
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	42,753,722
Loss from continuing operations attributable to common stockholders	$	(0.05	)
Income from discontinued operations attributable to common stockholders	—
Loss per share—basic and diluted	$	(0.05	)

	Nine months ended September 30, 2013
Numerator
Net loss from continuing operations	$	(874	)
Less: preferred stock dividends	6,783
Less: amount allocable to unvested restricted stockholders	197
Less: noncontrolling interest after preferred stock dividends allocable to continuing operations	(1,034		)
Loss from continuing operations available to common stockholders	$	(6,820	)
Income attributable to discontinued operations	$	566
Less: noncontrolling interest allocable to discontinued operations	76
Income from discontinued operations attributable to common stockholders	$	490
Denominator
Weighted average common shares outstanding—basic and diluted	41,766,740
Loss from continuing operations attributable to common stockholders	$	(0.16	)
Income from discontinued operations attributable to common stockholders	0.01
Loss per share—basic and diluted	$	(0.15	)

	Three months ended September 30, 2012
Numerator
Net loss from continuing operations	$	(1,304	)
Less: preferred stock dividends	1,553
Less: Amount allocable to unvested restricted stockholders	41
Less: noncontrolling interest after preferred stock dividends allocable to continuing operations	(551		)
Loss from continuing operations available to common stockholders	$	(2,347	)
Income attributable to discontinued operations	$	(3,612	)
Less: noncontrolling interest allocable to discontinued operations	(697		)
Income from discontinued operations available to common stockholders	$	(2,915	)
Denominator
Weighted average common shares outstanding—basic and diluted	29,752,057
Loss from continuing operations attributable to common stockholders	$	(0.08	)
Discontinued operations	(0.10		)
Loss per common share—basic and diluted	$	(0.18	)

	Nine months ended September 30, 2012
Numerator
Net loss from continuing operations	$	(4,647	)
Less: preferred stock dividends	4,659
Less: Amount allocable to unvested restricted stockholders	81
Less: noncontrolling interest after preferred stock dividends allocable to continuing operations	(2,422		)
Loss from continuing operations available to common stockholders	$	(6,965	)
Income attributable to discontinued operations	$	(3,158	)
Less: noncontrolling interest allocable to discontinued operations	(822		)
Income from discontinued operations available to common stockholders	$	(2,336	)
Denominator
Weighted average common shares outstanding—basic and diluted	21,716,590
Loss from continuing operations attributable to common stockholders	$	(0.32	)
Discontinued operations	(0.11		)
Loss per common share—basic and diluted	$	(0.43	)