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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
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,

 

 

2015

 

2014

 

2015

 

2014

Numerator

 

 

 

 

 

 

 

 

Income from continuing operations

 

$            5,416,000 

 

$            6,788,000 

 

$            8,650,000 

 

$            7,692,000 

Preferred stock dividends

 

(3,602,000)

 

(3,602,000)

 

(7,204,000)

 

(7,204,000)

Net loss attributable to noncontrolling interests

 

101,000 

 

128,000 

 

182,000 

 

212,000 

Net earnings allocated to unvested shares

 

(181,000)

 

(619,000)

 

(358,000)

 

(524,000)

Income from continuing operations attributable to vested

 

 

 

 

 

 

 

 

common shares

 

1,734,000 

 

2,695,000 

 

1,270,000 

 

176,000 

Income from discontinued operations, net of noncontrolling

 

 

 

 

 

 

 

 

interests, attributable to vested common shares

 

 -

 

10,144,000 

 

164,000 

 

10,943,000 

Net income attributable to vested common shares outstanding

 

$            1,734,000 

 

$          12,839,000 

 

$            1,434,000 

 

$          11,119,000 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding

 

81,488,000 

 

75,531,000 

 

81,103,000 

 

75,076,000 

 

 

 

 

 

 

 

 

 

Earnings per vested common share, basic and diluted

 

 

 

 

 

 

 

 

Continuing operations

 

$                     0.02 

 

$                     0.04 

 

$                     0.02 

 

$                     0.00 

Discontinued operations

 

$                     0.00 

 

$                     0.13 

 

$                     0.00 

 

$                     0.15 

 

 

$                     0.02 

 

$                     0.17 

 

$                     0.02 

 

$                     0.15