Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share

Schedule of amounts used in computing basic and diluted earnings per share

As the three and six months ended June 30, 2014 resulted in a net loss, there is no dilution to earnings per share (in thousands, except share and per share data):

	Three Months Ended June30,			Six Months Ended June 30,
	2014			2014
Numerator for earnings per share — basic and diluted:
Net loss	$	(600	)	$	(4,158	)
Less: Net loss attributable to noncontrolling interests —operating partnership	123			654
Less: Net income attributable to noncontrolling interests — partially owned properties	(84		)	(150		)
Numerator for earnings per share — basic and diluted	$	(561	)	$	(3,654	)
Denominator for earnings per share - basic and diluted shares:	26,163,982			23,744,730
Basic and diluted earnings per share	$	(0.02	)	$	(0.15	)