XML 44 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation Of Basic And Diluted Earnings Per Common Share





 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended September 30,

 

Nine months ended September 30,



 

2017

 

2016

 

2017

 

2016

Numerator: Basic (1)

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

 (1,237)

 

$

 1,816 

 

$

 (10,536)

 

$

 (2,173)

Discontinued operations

 

 

 -

 

 

 -

 

 

 -

 

 

 655 

Total Net earnings (loss) attributable to common shareholders

 

 

 (1,237)

 

 

 1,816 

 

 

 (10,536)

 

 

 (1,518)

Less: Allocation to participating securities

 

 

 (17)

 

 

 -

 

 

 (37)

 

 

 -

Net earnings (loss) attributable to common shareholders, net of amount allocated to participating securities

 

$

 (1,254)

 

$

 1,816 

 

$

 (10,573)

 

$

 (1,518)



 

 

 

 

 

 

 

 

 

 

 

 

Numerator: Diluted (1)

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to common shareholders from continuing operations, net of amount allocated to participating securities

 

$

 (1,254)

 

$

 1,816 

 

$

 (10,573)

 

$

 (2,173)

Dividends on Series D Preferred Stock

 

 

 -

 

 

 976 

 

 

-

 

 

-

Interest and fair value adjustment on Convertible Debt

 

 

 -

 

 

 61 

 

 

-

 

 

-

Continuing operations - Diluted

 

 

 (1,254)

 

 

 2,853 

 

 

 (10,573)

 

 

 (2,173)

Discontinued operations - Diluted

 

 

-

 

 

-

 

 

-

 

 

 655 

Total Diluted

 

$

 (1,254)

 

$

 2,853 

 

$

 (10,573)

 

$

 (1,518)



 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - Basic

 

 

 11,542,932 

 

 

 761,591 

 

 

 8,705,426 

 

 

 760,620 

Unvested restricted stock

 

 

 -

 

 

 26 

 

 

 -

 

 

 -

Series D Preferred Stock

 

 

 -

 

 

 6,004,957 

 

 

 -

 

 

 -

Convertible Debt

 

 

 -

 

 

 97,269 

 

 

 -

 

 

 -

Weighted average number of common shares - Diluted

 

 

 11,542,932 

 

 

 6,863,843 

 

 

 8,705,426 

 

 

 760,620 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Share

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations - Basic

 

$

 (0.11)

 

$

 2.41 

 

$

 (1.21)

 

$

 (2.86)

Discontinued operations - Basic

 

 

 -

 

 

 -

 

 

 -

 

 

 0.86 

Total - Basic Earnings (Loss) per Share

 

$

 (0.11)

 

$

 2.41 

 

$

 (1.21)

 

$

 (2.00)



 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations - Diluted

 

$

 (0.11)

 

$

 0.39 

 

$

 (1.21)

 

$

 (2.86)

Discontinued operations - Diluted

 

 

 -

 

 

 -

 

 

 -

 

 

 0.86 

Total - Diluted Earnings (Loss) per Share

 

$

 (0.11)

 

$

 0.39 

 

$

 (1.21)

 

$

 (2.00)



 

 

 

 

 

 

 

 

 

 

 

 

(1)

The earnings or loss attributable to noncontrolling interest is allocated between continuing and discontinued operations for the purpose of the EPS calculation.
Schedule Of Potentially Dilutive Securities Excluded From Computation Of Earnings Per Share





 

 

 

 

 

 

 



Three months ended September 30,

 

Nine months ended September 30,



2017

 

2016

 

2017

 

2016

Outstanding stock options

 78 

 

 865 

 

 345 

 

 865 

Unvested restricted stock

 87,985 

 

 -

 

 34,740 

 

 115 

Warrants - RES

 22,657 

 

 576,923 

 

 71,673 

 

 576,923 

Warrants - Employees

 66,153 

 

 66,153 

 

 66,153 

 

 66,153 

Series C Preferred Stock

 -

 

 -

 

 -

 

 800,112 

Series D Preferred Stock

 -

 

 -

 

 1,297,697 

 

 4,361,265 

Series E Preferred Stock

 668,111 

 

 -

 

 523,721 

 

 -

Convertible debt

 97,269 

 

 -

 

 97,269 

 

 70,644 

LTIP partnership units (1)

 -

 

 101,213 

 

 66,363 

 

 101,213 

CHLP partnership units (1)

 77,907 

 

 46,074 

 

 65,066 

 

 46,074 

Total potentially dilutive securities excluded from the denominator

 1,020,160 

 

 791,228 

 

 2,223,027 

 

 6,023,364 



(1)

LTIP and partnership units of CHLP have been omitted from the denominator for the purpose of computing diluted EPS since the effect of including these amounts in the numerator and denominator would have no impact on calculated EPS. All LTIP units were cancelled effective June 28, 2017 (see Note 12).