Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

The following table provides a reconciliation of the numerator and denominator of the EPS calculations for 2023 and 2022, respectively:


	Years ended December 31,
	2023		2022
Numerator
Net income (loss) from continuing operations	$	2,007,000	$	(79,010,000)
Preferred stock dividends	(10,752,000)		(10,752,000)
Net loss attributable to noncontrolling interests	—		355,000
Net earnings allocated to unvested shares	—		58,000
Loss from continuing operations, net of noncontrolling interest, attributable to vested common shares	(8,745,000)		(89,349,000)
Income from discontinued operations, net of noncontrolling interests, attributable to vested common shares	—		122,686,000
Net (loss) income attributable to vested common shares	$	(8,745,000)	$	33,337,000
Denominator
Weighted average number of vested common shares outstanding, basic and diluted	13,718,000		13,448,000
Net (loss) income per common share attributable to common shareholders (basic and diluted):
Continuing operations	$	(0.64)	$	(6.64)
Discontinued operations	—		9.12
	$	(0.64)	$	2.48