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Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

(12)EARNINGS (LOSS) PER SHARE

 

The following table sets forth the computation of basic and diluted loss per share for the three and six months ended June 30, 2013 and 2012 (in thousands, except per share data):

 

   Three Months Ended June 30, 2013  Three Months Ended June 30, 2012
   Net Loss Attributed to Common Stock   Weighted- Average Shares   Per Share Loss   Net Loss Attributed to Common Stock   Weighted- Average Shares (3)   Per Share Loss 
Basic EPS:                              
Loss from continuing operations (1)  $(65)       $(0.16)  $(613)      $(1.38)
Loss from discontinued operations   (161)        (0.40)   (30)       (0.07)
Net loss attributed to common stock  $(226)   405   $(0.56)  $(643)   444   $(1.45)
Effect of dilutive securities                              
Preferred stock (2)   —      —      —      —      —      —   
Diluted loss per share  $(226)   405   $(0.56)  $(643)   444   $(1.45)
                               
                               
   Six Months Ended June 30, 2013  Six Months Ended June 30, 2012
   Net Loss Attributed to Common Stock   Weighted- Average Shares   Per Share Loss   Net Loss Attributed to Common Stock   Weighted- Average Shares (3)   Per Share Loss 
Basic EPS:                              
Loss from continuing operations (4)  $(262)       $(0.64)  $(1,488)       $(3.29)
Loss from discontinued operations   (271)        (0.65)   (289)        (0.64)
Net loss attributed to common stock  $(533)   414   $(1.29)  $(1,777)   453   $(3.93)
Effect of dilutive securities                              
Preferred stock (5)   —      —      —      —      —      —   
Diluted loss per share  $(533)   414   $(1.29)  $(1,777)   453   $(3.93)

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(1)Includes accrual of dividends, net of the gain on dividends paid with common shares, related to preferred stock for the three months ended June 30, 2013 and 2012 of $4 thousand.

 

(2)Includes 11 shares of our common stock related to our Series G1 preferred and Series G2 preferred stock for the three months ended June 30, 2013 and 2012, respectively. These shares were issuable upon their conversion in the period presented and were excluded from the calculation of diluted earnings per share as their effect would have been antidilutive.

 

(3)Retroactively reflects the effect of a one-for-forty reverse stock split effective October 30, 2012 (see Note 10 – “Stockholders’ Equity”).

 

(4)Includes accrual of dividends, net of the gain on dividends paid with common shares, related to preferred stock for the six months ended June 30, 2013 and 2012.

 

(5)Includes 23 shares of our common stock related to our Series G1 preferred and Series G2 preferred stock for the six months ended June 30, 2013 and 2012, respectively. These shares were issuable upon their conversion in the period presented and were excluded from the calculation of diluted earnings per share as their effect would have been antidilutive.