XML 51 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 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 and nine-month periods ended September 30, 2014 and 2013:

 

     For the Three-Month
Periods Ended September 30		     For the Nine-Month
Periods Ended September 30		  
     2014     2013     2014      2013  

Net Income (loss)

    $ (58 )    $ 302      $ 2,749       $ 966   

(Income) loss allocated to preferred shares

      —         (2 )      —          (10 ) 

(Income) loss allocated to non-controlling interests

      2       (45 )      2        (649 ) 
  

 

 

    

 

 

    

 

 

     

 

 

  

Net Income (loss) allocable to common shares

      (56 )      255        2,751         307   
  

 

 

    

 

 

    

 

 

     

 

 

  

Weighted-average shares outstanding—Basic

      24,011,540        7,643,540        19,004,591         3,875,331   

Dilutive securities under the treasury stock method

      —          —          35,604         —     

Weighted-average shares outstanding—Diluted

      24,011,540        7,643,540        19,040,301         3,875,331   
  

 

 

    

 

 

    

 

 

     

 

 

  

Earnings (loss) per share—Basic

    $ (0.00 )    $ 0.03      $ 0.14       $ 0.08   
  

 

 

    

 

 

    

 

 

     

 

 

  

Earnings (loss) per share—Diluted

    $ (0.00 )    $ 0.03      $ 0.14       $ 0.08   
  

 

 

    

 

 

    

 

 

     

 

 

  

For the three-month period ended September 30, 2014, SARS and unvested shares of 54,268, were excluded from the earnings (loss) per share computation because their effect would have been anti-dilutive.

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.