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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The computations of basic and diluted earnings per share for 2014 and 2013 (dollars in thousands, except share and per share amounts) are as follows:
 
 
For the Year Ended
December 31,
 
2014
 
2013
Numerator:
 
 
 
Net loss from continuing operations
$
(11,483
)
 
$
(74,927
)
Income from discontinued operations
42,422

 
7,415

Net income (loss)
30,939

 
(67,512
)
Less income attributable to noncontrolling interests

 
17

Net income (loss) available to common shareholders
$
30,939

 
$
(67,529
)
 
 
 
 
Denominator:
 
 
 
Weighted average common shares outstanding – basic
90,926,111

 
90,776,211

 
 
 
 
Weighted average common shares outstanding – diluted:
 
 
 
Weighted average common shares outstanding – basic
90,926,111

 
90,776,211

Stock options

 

Nonvested shares

 

Weighted average common shares outstanding – diluted
90,926,111

 
90,776,211

 
 
 
 
Basic earnings per share:
 
 
 
Net loss from continuing operations
$
(0.13
)
 
$
(0.82
)
Income from discontinued operations
0.47

 
0.08

Net income (loss)
0.34

 
(0.74
)
Less income attributable to noncontrolling interests

 

Net income (loss) available to common shareholders
$
0.34

 
$
(0.74
)
 
 
 
 
Diluted earnings per share:
 
 
 
Net loss from continuing operations
$
(0.13
)
 
$
(0.82
)
Income from discontinued operations
0.47

 
0.08

Net income (loss)
0.34

 
(0.74
)
Less income attributable to noncontrolling interests

 

Net income (loss) available to common shareholders
$
0.34

 
$
(0.74
)
 
 
 
 


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following weighted-average stock options to purchase shares of Common Stock were outstanding during each period presented, but were not included in the computation of diluted earnings (loss) per share because the number of shares assumed to be repurchased, as calculated was greater than the number of shares to be obtained upon exercise, therefore, the effect would be antidilutive (in thousands, except exercise prices):
 
For the Year Ended
December 31,
 
2014
 
2013
Number of stock options
9,859

 
8,459

Weighted average exercise price of stock options
$
0.66

 
$
0.69