XML 27 R33.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings per Common Share





 

 

 

 

 

 



 

Three months ended March 31,



 

2020

 

2019

Numerator: Basic

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(3,169)

 

$

(129)

Less: Allocation to participating securities

 

 

 -

 

 

(17)

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

 

$

(3,169)

 

$

(146)



 

 

 

 

 

 

Numerator: Diluted

 

 

 

 

 

 

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

 

$

(3,169)

 

$

(146)



 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Weighted average number of common shares - Basic and Diluted

 

 

11,951,413 

 

 

11,817,677 



 

 

 

 

 

 

Earnings (Loss) per Share

 

 

 

 

 

 

Basic Earnings (Loss) per Share

 

$

(0.27)

 

$

(0.01)

Diluted Earnings (Loss) per Share

 

$

(0.27)

 

$

(0.01)



 

 

 

 

 

 



Schedule of Potentially Dilutive Securities Excluded from Computation of Earnings per Share





 

 

 



Three months ended March 31,



2020

 

2019

Unvested restricted stock

45,173 

 

82,168 

Series E Preferred Stock

668,111 

 

668,111 

Convertible debt

97,269 

 

97,269 

Operating partnership common units (1)

4,215 

 

61,767 

Total potentially dilutive securities excluded from the denominator

814,768 

 

909,315 



(1)

Common units of the operating partnership 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.