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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share

The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2016 and 2015, respectively:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income from continuing operations

 

$

(761,000

)

 

$

6,126,000

 

 

$

5,610,000

 

 

$

14,776,000

 

Preferred stock dividends

 

 

(3,602,000

)

 

 

(3,602,000

)

 

 

(10,806,000

)

 

 

(10,806,000

)

Net loss attributable to noncontrolling interests

 

 

74,000

 

 

 

66,000

 

 

 

254,000

 

 

 

248,000

 

Net earnings allocated to unvested shares

 

 

(183,000

)

 

 

(171,000

)

 

 

(533,000

)

 

 

(529,000

)

(Loss) income from continuing operations attributable to vested common shares

 

 

(4,472,000

)

 

 

2,419,000

 

 

 

(5,475,000

)

 

 

3,689,000

 

Income from discontinued operations, net of noncontrolling interests, attributable to vested common shares

 

 

-

 

 

 

-

 

 

 

-

 

 

 

164,000

 

Net (loss) income attributable to vested common shares outstanding

 

$

(4,472,000

)

 

$

2,419,000

 

 

$

(5,475,000

)

 

$

3,853,000

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding

 

 

81,676,000

 

 

 

81,598,000

 

 

 

81,670,000

 

 

 

81,268,000

 

Earnings per vested common share, basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.05

)

 

$

0.03

 

 

$

(0.07

)

 

$

0.05

 

Discontinued operations

 

 

0.00

 

 

 

0.00

 

 

 

0.00

 

 

 

0.00

 

 

 

$

(0.05

)

 

$

0.03

 

 

$

(0.07

)

 

$

0.05