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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share



 

 

 

 



 

Three months ended March 31,



 

2016

 

2015

Numerator

 

 

 

 

Income from continuing operations

 

$        1,576,000

 

$        3,234,000

Preferred stock dividends

 

(3,602,000)

 

(3,602,000)

Net loss attributable to noncontrolling interests

 

87,000 

 

81,000 

Net earnings allocated to unvested shares

 

(167,000)

 

(177,000)

Loss from continuing operations attributable

 

 

 

 

to vested common shares

 

(2,106,000)

 

(464,000)

Income from discontinued operations, net of

 

 

 

 

noncontrolling interests, attributable to vested

 

 

 

 

common shares

 

 -

 

164,000 

Net loss attributable to vested common shares outstanding

 

$        (2,106,000)

 

$           (300,000)



 

 

 

 

Denominator

 

 

 

 

Weighted average number of vested common shares outstanding

 

81,656,000 

 

80,719,000 



 

 

 

 

Earnings per vested common share, basic and diluted

 

 

 

 

Continuing operations

 

$                 (0.03)

 

$                 (0.01)

Discontinued operations

 

$                 0.00

 

$                 0.01



 

$                 (0.03)

 

$                 (0.00)