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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share

 

 

 

 

 

 

 

Three months ended March 31,

 

 

2014

 

2013

Numerator

 

 

 

 

Income from continuing operations

 

$              731,000 

 

$           3,896,000 

Preferred stock dividends

 
(3,602,000)

 
(3,607,000)

Preferred stock redemption costs

 

 -

 
(1,166,000)

Net loss attributable to noncontrolling interests

 
71,000 

 
7,000 

Net earnings allocated to unvested shares

 
(182,000)

 
(173,000)

(Loss) from continuing operations attributable to common

 

 

 

 

shareholders

 
(2,982,000)

 
(1,043,000)

Results from discontinued operations, net of noncontrolling interests

 
985,000 

 
(42,000)

Net (loss) attributable to common shareholders, basic and diluted

 

$          (1,997,000)

 

$          (1,085,000)

 

 

 

 

 

Denominator

 

 

 

 

Weighted average number of vested common shares outstanding

 
74,620,000 

 
68,339,000 

 

 

 

 

 

(Loss) earnings per common share, basic and fully diluted

 

 

 

 

Continuing operations

 

$                   (0.04)

 

$                   (0.02)

Discontinued operations

 

$                    0.01 

 

$                   (0.00)

 

 

$                   (0.03)

 

$                   (0.02)