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Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings (Loss) Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
The computations of basic and diluted net (loss) income per share for the periods presented are as follows:
 
 
Three Months
 
Ended
 
March 31,
 
2012
 
2011
Numerator for basic and diluted loss per share:
 
 
 
Loss from continuing operations
$
(10,113
)
 
$
(11,395
)
Income (loss) from discontinued operations
338

 
(3,776
)
Net loss
$
(9,775
)
 
$
(15,171
)
 
 
 
 
Denominator for basic and diluted loss per share:
 
 
 
Weighted average shares outstanding
10,845,849

 
10,767,858

 
 
 
 
Basic and diluted net loss per share:
 
 
 
Loss from continuing operations
$
(0.93
)
 
$
(1.06
)
Income (loss) from discontinued operations
0.03

 
(0.35
)
Basic and diluted net loss per share
$
(0.90
)
 
$
(1.41
)

 Potentially dilutive common shares excluded from the computation of diluted net loss per share due to anti-dilution for the periods presented above are as follows:
 
Three Months
 
Ended
 
March 31,
 
2012
 
2011
Potentially dilutive common shares:
 
 
 
Restricted stock awards
160,716

 
267,860

Warrants
535,714

 
535,714

Total
696,430

 
803,574


Subsequent to March 31, 2012, 50,000 restricted stock units were awarded to employees with a weighted-average contractual life of two years.

On the Consummation Date pursuant to the Plan of Reorganization, warrants were issued to Donald J. Trump (“Mr. Trump”) to purchase up to 535,714 shares of the Company's common stock at an exercise price of $123.74 per share, subject to certain anti-dilution provisions set forth therein.