Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2013

Earnings (Loss) Per Share

NOTE 12: EARNINGS (LOSS) PER SHARE

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three-month periods ended March 31, 2013 and 2012:

	For the Three-Month Periods Ended March 31
	2013			2012
Income (loss) from continuing operations	$	(85,341	)	$	(103,664	)
(Income) loss allocated to preferred shares		(5,218	)		(3,410	)
(Income) loss allocated to noncontrolling interests		27			55
Income (loss) from continuing operations allocable to common shares		(90,532	)		(107,019	)
Income (loss) from discontinued operations		0			0
Net income (loss) allocable to common shares	$	(90,532	)	$	(107,019	)
Weighted-average shares outstanding—Basic		60,363,153			44,150,924
Dilutive securities under the treasury stock method		0			0
Weighted-average shares outstanding— Diluted		60,363,153			44,150,924
Earnings (loss) per share—Basic:
Continuing operations	$	(1.50	)	$	(2.42	)
Discontinued operations		0.00			0.00
Total earnings (loss) per share—Basic	$	(1.50	)	$	(2.42	)
Earnings (loss) per share—Diluted:
Continuing operations	$	(1.50	)	$	(2.42	)
Discontinued operations		0.00			0.00
Total earnings (loss) per share—Diluted	$	(1.50	)	$	(2.42	)

For the three-month periods ended March 31, 2013 and 2012, securities convertible into 16,021,459 and 15,431,009 common shares, respectively, were excluded from the earnings (loss) per share computations because their effect would have been anti-dilutive.