Computation of Basic and Diluted Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended March 31,  2014
Numerator:
Net loss from continuing operations	$	(717,000	)
Net loss from continuing operations attributable to noncontrolling interests		75,000
Numerator for basic and diluted loss from continuing operations available to common stockholders		(642,000	)
Net income from discontinued operations		2,146,000
Net income from discontinued operations attributable to noncontrolling interests		(227,000	)
Numerator for basic and diluted net income available to common stockholders	$	1,277,000
Denominator:
Weighted average shares of common stock outstanding - basic and diluted		25,419,418
Earnings per share - Basic and Diluted:
Net loss from continuing operations available to common stockholders	$	(0.03	)
Net income from discontinued operations available to common stockholders	$	0.08
Net income available to common stockholders	$	0.05