2012

2011

2010

Basic

Net income (loss) attributable to common shares

$

11,505,000

$

36,142,000

$

(14,611,000

)

Weighted average common shares outstanding

8,625,198

8,602,845

8,507,572

Basic earnings (loss) per common share

$

1.33

$

4.20

$

(1.72

)

Diluted

Net income (loss) attributable to common shares

$

11,505,000

$

36,142,000

$

(14,611,000

)

Weighted average common shares outstanding for basic earnings (loss) per common share

8,625,198

8,602,845

8,507,572

Add: Dilutive effects of share-based awards

224,429

275,335

0

Average shares and dilutive potential common shares

8,849,627

8,878,180

8,507,572

Diluted earnings (loss) per common share

$

1.30

$

4.07

$

(1.72

)