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Earnings Per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The table below sets forth the computation of basic and diluted earnings per common share for the three years in the period ended December 31, 2013.
 
Year Ended December 31,
(Dollars in thousands, except per share data)
2013

 
2012

 
2011

Weighted Average Common Shares
 
 
 
 
 
Weighted average Common Shares outstanding
92,725,112

 
80,360,422

 
74,156,849

Non-vested shares
(1,784,485
)
 
(1,515,582
)
 
(1,436,702
)
Weighted average Common Shares - Basic
90,940,627

 
78,844,840

 
72,720,147

Weighted average Common Shares - Basic
90,940,627

 
78,844,840

 
72,720,147

Dilutive effect of non-vested shares
—

 
1,144,465

 
—

Dilutive effect of employee stock purchase plan
—

 
138,578

 
—

Weighted average Common Shares - Diluted
90,940,627

 
80,127,883

 
72,720,147

Net Income (loss)
 
 
 
 
 
Income (loss) from continuing operations
$
(12,268
)
 
$
95

 
$
(11,543
)
Noncontrolling interests’ share in earnings
(37
)
 
(70
)
 
(30
)
Income (loss) from continuing operations attributable to common stockholders
(12,305
)
 
25

 
(11,573
)
Discontinued operations
19,251

 
5,440

 
11,359

Net income (loss) attributable to common stockholders
$
6,946

 
$
5,465

 
$
(214
)
Basic Earnings (loss) Per Common Share
 
 
 
 
 
Income (loss) from continuing operations
$
(0.13
)
 
$
0.00

 
$
(0.16
)
Discontinued operations
0.21

 
0.07

 
0.16

Net income (loss) attributable to common stockholders
$
0.08

 
0.07

 
$
(0.00
)
Diluted Earnings (loss) Per Common Share
 
 
 
 
 
Income (loss) from continuing operations
$
(0.13
)
 
$
0.00

 
$
(0.16
)
Discontinued operations
0.21

 
0.07

 
0.16

Net income (loss) attributable to common stockholders
$
0.08

 
$
0.07

 
$
(0.00
)

For the years ended December 31, 2013 and 2011, non-vested shares totaling 1,288,166 and 1,013,399, respectively, and options under the Employee Stock Purchase Plan to purchase shares totaling 157,733 and 73,495, respectively, of the Company’s common stock were excluded from the calculation of diluted earnings (loss) per common share because the effect was anti-dilutive due to the loss from continuing operations incurred during those periods.