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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

(dollars in thousands, except per share data)

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

Basic and Diluted Earnings per Share

 

 

 

 

 

 

 

 

 

 

 

 

Calculation: *

 

 

 

 

 

 

 

 

 

 

 

 

Numerator: basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(7,525)

 

$

(12,129)

 

$

(6,626)

 

$

(13,661)

Discontinued operations

 

 

1,008 

 

 

828 

 

 

2,387 

 

 

1,010 

Net loss attributable to common shareholders - total basic and diluted

 

$

(6,517)

 

$

(11,301)

 

$

(4,239)

 

$

(12,651)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - basic and diluted

 

 

4,925,714 

 

 

3,287,401 

 

 

4,836,856 

 

 

3,091,713 

Basic and Diluted  Earnings

 

 

 

 

 

 

 

 

 

 

 

 

Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

per weighted average common share:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations - basic and diluted

 

$

(1.52)

 

$

(3.69)

 

$

(1.37)

 

$

(4.42)

Discontinued operations - basic and diluted

 

 

0.20 

 

 

0.25 

 

 

0.49 

 

 

0.33 

Total - Basic and Diluted EPS

 

$

(1.32)

 

$

(3.44)

 

$

(0.88)

 

$

(4.09)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Potentially Dilutive Securities Excluded From Computation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

June 30,

 

June 30,

 

2015

 

2014

 

2015

 

2014

Outstanding stock options

8,750 

 

17,563 

 

8,750 

 

17,563 

Unvested stock awards outstanding

1,284 

 

11,049 

 

225 

 

1,555 

Warrants - Employees

430,000 

 

 

287,459 

 

Common operating units *

12,126 

 

12,126 

 

12,126 

 

12,126 

LTIP Units *

657,894 

 

 

439,809 

 

Warrants

3,750,000 

 

3,750,000 

 

3,750,000 

 

3,750,000 

Series C preferred stock

18,750,000 

 

7,046,703 

 

18,750,000 

 

5,407,459 

Convertible debt

 

975,275 

 

 

1,111,878 

Total potentially dilutive securities excluded from the denominator

23,610,054 

 

11,812,716 

 

23,248,369 

 

10,300,581