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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2013
EARNINGS PER SHARE  
EARNINGS PER SHARE

8.             EARNINGS PER SHARE

 

The following information sets forth the computations of basic and diluted earnings (loss) per common share for the three months ended March 31, 2013 and 2012:

 

$ in thousands (except share and per share data)

 

For the three months ended March 31, 2013

 

 

For the three
months ended
March 31, 2012

Net income (loss) attributable to common stockholders:

 

$

327

 

$

(116)

Divided by:

 

 

 

 

Basic weighted average shares of common stock outstanding:

 

9,212,644

 

998,571

Diluted weighted average shares of common stock outstanding:

 

9,267,162

 

998,571

Basic and diluted earnings (loss) per common share:

 

$

0.04

 

$

(0.12)

 

The Company has considered the impact of the 2015 Convertible Notes and the restricted shares on diluted earnings per common share. The number of shares of common stock that the 2015 Convertible Notes are convertible into were not included in the computation of diluted net income per common share because the inclusion of those shares would have been anti-dilutive for the three months ended March 31, 2013.