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Loss from Continuing Operations per Share
9 Months Ended
Sep. 30, 2014
Net Loss per Share [Abstract]  
Earnings Per Share [Text Block]
14 LOSS FROM CONTINUING OPERATIONS PER SHARE
The following table sets forth the reconciliation of numerators and denominators for the basic and diluted loss from continuing operations per share computation for the three and nine months ended September 30, 2014 and September 30, 2013:
(in thousands, except per share data)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
(6,095
)
 
(5,653
)
 
(12,575
)
 
(32,658
)
(Less) plus: net (income) loss attributable to noncontrolling interests
 
(778
)
 
305

 
(873
)
 
(407
)
Less: dividends on preferred stock
 
(83
)
 

 
(218
)
 

Loss from continuing operations attributable to common shareholders
 
(6,956
)
 
(5,348
)
 
(13,666
)
 
(33,065
)
Denominator:
 
 
 
 
 
 
 
 
Weighted average basic shares
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
16,993

 
13,684

 
16,620

 
13,329

Weighted average diluted shares
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
16,993

 
13,684

 
16,620

 
13,329

Effect of potentially dilutive securities
 

 

 

 

Total weighted average diluted shares
 
16,993

 
13,684

 
16,620

 
13,329

Basic loss from continuing operations per common share
 
$
(0.41
)
 
$
(0.39
)
 
$
(0.82
)
 
$
(2.48
)
Diluted loss from continuing operations per common share
 
$
(0.41
)
 
$
(0.39
)
 
$
(0.82
)
 
$
(2.48
)

Loss from continuing operations per share is based on the weighted-average number of shares outstanding. Diluted weighted-average shares is calculated by adjusting basic weighted-average shares outstanding by all potentially dilutive securities. Potentially dilutive securities consist of stock options, unvested restricted stock awards, warrants and convertible preferred stock. Since the Company is reporting a loss from continuing operations for the three and nine months ended September 30, 2014 and September 30, 2013, all potentially dilutive securities outstanding were excluded from the calculation of both basic and diluted loss from continuing operations per share since their inclusion would have been anti-dilutive.