XML 17 R38.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
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 2019, 2018 and 2017, respectively:

 

 

Years ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,566,000

 

 

$

4,358,000

 

 

$

19,653,000

 

Preferred stock dividends

 

 

(10,752,000

)

 

 

(10,863,000

)

 

 

(13,652,000

)

Preferred stock redemptions costs

 

 

-

 

 

 

(3,507,000

)

 

 

(7,890,000

)

Net (income) attributable to noncontrolling interests

 

 

(490,000

)

 

 

(469,000

)

 

 

(510,000

)

Net earnings allocated to unvested shares

 

 

(558,000

)

 

 

(628,000

)

 

 

(754,000

)

Net (loss) attributable to vested common shares

 

$

(10,234,000

)

 

$

(11,109,000

)

 

$

(3,153,000

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding, basic and diluted

 

 

86,341,000

 

 

 

88,420,000

 

 

 

84,168,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

(0.12

)

 

$

(0.13

)

 

$

(0.04

)