Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

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 and six months ended June 30, 2016 and 2015, respectively:

	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
Numerator
Income from continuing operations	$	4,795,000		$	5,416,000		$	6,371,000		$	8,650,000
Preferred stock dividends		(3,602,000	)		(3,602,000	)		(7,204,000	)		(7,204,000	)
Net loss attributable to noncontrolling interests		93,000			101,000			180,000			182,000
Net earnings allocated to unvested shares		(183,000	)		(181,000	)		(350,000	)		(358,000	)
Income (loss) from continuing operations attributable to vested common shares		1,103,000			1,734,000			(1,003,000	)		1,270,000
Income from discontinued operations, net of noncontrolling interests, attributable to vested common shares		-			-			-			164,000
Net income (loss) attributable to vested common shares outstanding	$	1,103,000		$	1,734,000		$	(1,003,000	)	$	1,434,000
Denominator
Weighted average number of vested common shares outstanding		81,677,000			81,488,000			81,667,000			81,103,000
Earnings per vested common share, basic and diluted
Continuing operations	$	0.01		$	0.02		$	(0.01	)	$	0.02
Discontinued operations		0.00			0.00			0.00			0.00
	$	0.01		$	0.02		$	(0.01	)	$	0.02