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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
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, 2017 and 2016, respectively:

 

 

 

Three months ended March 31,

 

 

 

2017

 

 

2016

 

Numerator

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

11,945,000

 

 

$

1,576,000

 

Preferred stock dividends

 

 

(3,602,000

)

 

 

(3,602,000

)

Net (income) loss attributable to noncontrolling interests

 

 

(169,000

)

 

 

87,000

 

Net earnings allocated to unvested shares

 

 

(356,000

)

 

 

(167,000

)

Net income (loss) attributable to vested common shares outstanding

 

$

7,818,000

 

 

$

(2,106,000

)

Denominator

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding

 

 

81,734,000

 

 

 

81,656,000

 

 

 

 

 

 

 

 

 

 

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

 

$

0.10

 

 

$

(0.03

)