Note 9 - Earnings per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

9.    Earnings per Share:

Basic earnings per common share are computed by dividing net income (loss), attributable to Gyrodyne, by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share give effect to stock options and warrants which are considered to be dilutive common stock equivalents. Treasury shares have been excluded from the weighted average number of shares. The Company does not have any outstanding common stock equivalents as of June 30, 2014, and 2013.

	Six Months Ended June 30,
BASIC	2014		2013
Net loss attributable to Gyrodyne
Continuing operations	$	(41,813)	$	(1,327,514)
Discontinued operations		-		-
Net loss attributable to Gyrodyne		(41,813)		(1,327,514)
Weighted average number of common shares outstanding		1,482,680		1,482,680
Net loss per common share attributable to Gyrodyne ("EPS"):
Continuing operations	$	(0.03)	$	(0.90)
Discontinued operations		-		-
Net loss per common share attributable to Gyrodyne (“EPS”)	$	(0.03)	$	(0.90)