Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted earnings per share for the three months ended March 31, 2015 and 2014 (dollars in thousands, except share and per share amounts) are as follows:

	For the Three Months Ended March 31,
	2015			2014
Numerator:
Net loss from continuing operations	$	(6,971	)	$	(2,376	)
Net income from discontinued operations	—			3,139
Net (loss) income	(6,971		)	763
Less net income attributable to noncontrolling interests	—			33
Net (loss) income available to common shareholders	$	(6,971	)	$	730
Denominator:
Weighted average common shares outstanding – basic	91,024,747			90,866,933
Weighted average common shares outstanding – dilutive:
Weighted average common shares outstanding – basic	91,024,747			90,866,933
Stock options	—			—
Nonvested shares	—			—
Weighted average common shares outstanding – dilutive	91,024,747			90,866,933
Basic earnings per share:
Net loss from continuing operations	$	(0.08	)	$	(0.03	)
Net income from discontinued operations	—			0.04
Net (loss) income	(0.08		)	0.01
Less net income attributable to noncontrolling interests	—			—
Net (loss) income available to common shareholders	$	(0.08	)	$	0.01
Diluted earnings per share:
Net loss from continuing operations	$	(0.08	)	$	(0.03	)
Net income from discontinued operations	—			0.04
Net (loss) income	(0.08		)	0.01
Less net income attributable to noncontrolling interests	—			—
Net (loss) income available to common shareholders	$	(0.08	)	$	0.01

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following weighted-average options to purchase shares of Common Stock were outstanding during each period presented, but were not included in the computation of diluted earnings per share because the calculated number of shares assumed to be repurchased 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 Three Months Ended March 31,
	2015		2014
Number of stock options	9,938		8,492
Weighted average exercise price of stock options	$	0.63	$	0.68