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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share


		Three months ended June 30,				Six months ended June 30,
		2013		2012		2013		2012
Numerator
Income (loss) from continuing operations		$ 2,907,000		$ 4,644,000		$ 7,268,000		$ (3,301,000)
Preferred stock dividends		(3,602,000)		(3,607,000)		(7,209,000)		(7,138,000)
Preferred stock redemption costs		-		(382,000)		(1,166,000)		(382,000)
Net loss attributable to noncontrolling interests		99,000		124,000		106,000		301,000
Net earnings allocated to unvested shares		(198,000)		(295,000)		(371,000)		(448,000)
(Loss) income from continuing operations attributable to common
shareholders		(794,000)		484,000		(1,372,000)		(10,968,000)
Results from discontinued operations, net of noncontrolling interests		1,573,000		457,000		1,066,000		2,416,000
Net income (loss) attributable to common shareholders, basic and diluted		$ 779,000		$ 941,000		$ (306,000)		$ (8,552,000)

Denominator
Weighted average number of vested common shares outstanding		68,345,000		68,038,000		68,342,000		67,787,000

Earnings (loss) per common share, basic and fully diluted
Continuing operations		$ (0.01)		$ 0.01		$ (0.02)		$ (0.16)
Discontinued operations		0.02		$ 0.00		0.02		$ 0.03
		$ 0.01		$ 0.01		$ 0.00		$ (0.13)