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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020 and 2019:

		Three months ended September 30,								Nine months ended September 30,
		2020				2019				2020				2019
Numerator
Net income (loss)		$	1,404,000			$	2,947,000			$	(6,703,000	)		$	11,480,000
Preferred stock dividends			(2,688,000	)			(2,688,000	)			(8,064,000	)			(8,064,000	)
Net (income) attributable to noncontrolling interests			(137,000	)			(167,000	)			(373,000	)			(435,000	)
Net earnings allocated to unvested shares			(28,000	)			(138,000	)			(210,000	)			(420,000	)
Net (loss) income attributable to vested common shares		$	(1,449,000	)		$	(46,000	)		$	(15,350,000	)		$	2,561,000
Denominator
Weighted average number of vested common shares outstanding, basic and diluted			86,526,000				86,262,000				86,469,000				86,367,000

Net (loss) income per common share attributable to common shareholders, basic and diluted		$	(0.02	)		$	(0.00	)		$	(0.18	)		$	0.03