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Note 14 - Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Text Block]
(14)         EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share includes no dilution and is computed by dividing income or loss attributed to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if security interests were exercised or converted into common stock.

The following table sets forth the computation of basic and diluted income (loss) per share for the years ended December 31, 2012 and 2011 (in thousands, except per share data):

   
2012
   
2011
 
   
Net Loss
Attributed to
Common Stock
   
Weighted-
Average
 Shares (3)
   
Per
Share
 Loss
   
Net Income
 (Loss) Attributed
 to Common
 Stock
   
Weighted-
Average
 Shares (3)
   
Per
 Share
 Income
(Loss)
 
Basic EPS:
                                   
Loss from continuing operations (1)
  $ (2,543 )         $ (5.72 )   $ (3,139 )         $ (7.84 )
Income (loss) from discontinued operations
    (624 )           (1.40 )     175             0.44  
Net loss attributed to common stock
  $ (3,167 )     445     $ (7.12 )   $ (2,964 )     400     $ (7.40 )
Effect of dilutive securities
                                               
Preferred stock (2)
    -       -       -       -       -       -  
Diluted loss per share
  $ (3,167 )     445     $ (7.12 )   $ (2,964 )     400     $ (7.40 )

(1)
Includes accrual of dividends, net of the gain on dividends paid with common shares, related to preferred stock for the years ended December 31, 2012 and 2011. Also includes losses attributable to noncontrolling interests of $327 thousand for the year ended December 31, 2011.

(2)
Includes 46 shares of our Series G1 preferred and Series G2 preferred stock for the years ended December 31, 2012 and 2011, 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”).