Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

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 2020, 2019 and 2018, respectively:

	Years ended December 31,
	2020			2019			2018
Numerator
Net (loss) income	$	(520,000	)	$	1,566,000		$	4,358,000
Preferred stock dividends		(10,752,000	)		(10,752,000	)		(10,863,000	)
Preferred stock redemption costs		-			-			(3,507,000	)
Net (income) attributable to noncontrolling interests		(552,000	)		(490,000	)		(469,000	)
Net earnings allocated to unvested shares		(238,000	)		(558,000	)		(628,000	)
Net (loss) attributable to vested common shares	$	(12,062,000	)	$	(10,234,000	)	$	(11,109,000	)
Denominator
Weighted average number of vested common shares outstanding, basic and diluted		13,104,000			13,082,000			13,397,000
Net (loss) per common share attributable to common shareholders, basic and diluted	$	(0.92	)	$	(0.78	)	$	(0.83	)