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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three months ended March 31, 2023 and 2022:

 

 

 

Three months ended March 31,

 

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

14,000

 

 

$

(6,815,000

)

Preferred stock dividends

 

 

(2,688,000

)

 

 

(2,688,000

)

Net loss attributable to noncontrolling interests

 

 

 

 

 

42,000

 

Net loss allocated to unvested shares

 

 

 

 

 

(23,000

)

Loss from continuing operations, net of noncontrolling interest, attributable to vested common shares

 

 

(2,674,000

)

 

 

(9,484,000

)

Income from discontinued operations, net of noncontrolling interests, attributable to vested common shares

 

 

 

 

 

5,716,000

 

Net loss attributable to vested common shares

 

$

(2,674,000

)

 

$

(3,768,000

)

Denominator

 

 

 

 

 

 

Weighted average number of vested common shares outstanding, basic and diluted

 

 

13,718,000

 

 

 

13,285,000

 

Net (loss) income per common share attributable to common shareholders (basic and diluted):

 

 

 

 

 

 

Continuing operations

 

$

(0.19

)

 

$

(0.71

)

Discontinued operations

 

 

 

 

 

0.43

 

 

 

$

(0.19

)

 

$

(0.28

)