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Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2014
Earnings (Loss) Per Share

NOTE 8: Earnings (Loss) Per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three-month periods ended March 31, 2014 and 2013:

 

     For the Three-Month
Periods Ended March 31		  
     2014      2013  

Net Income (loss)

    $ 2,935       $ 340   

(Income) loss allocated to preferred shares

      —           (4 ) 

(Income) loss allocated to non-controlling interests

      —           (332 ) 
  

 

 

     

 

 

  

Net Income (loss) allocable to common shares

      2,935         4   
  

 

 

     

 

 

  

Weighted-average shares outstanding—Basic

      15,198,096         345,910   

Weighted-average shares outstanding—Diluted

      15,213,951         5,620,810   
  

 

 

     

 

 

  

Earnings (loss) per share—Basic

    $ 0.19       $ 0.01   
  

 

 

     

 

 

  

Earnings (loss) per share—Diluted

    $ 0.19       $ 0.00   
  

 

 

     

 

 

  

Earnings per share is computed in accordance with FASB ASC Topic 260, “Earnings per Share”, by dividing the Net Income (loss) allocable to common shares by the weighted average number of common shares outstanding during the respective periods.