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Earnings (Loss) From Continuing Operations Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS (LOSS) FROM CONTINUING OPERATIONS PER SHARE
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, 2019 and September 30, 2018:
(in thousands, except per share data)
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2019

 
2018

 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(4,006
)
 
$
(2,606
)
 
$
(1,213
)
 
$
(9,472
)
Less: net income attributable to noncontrolling interests
 
(202
)
 
(200
)
 
(671
)
 
(717
)
Less: dividends on preferred stock, net of tax
 
(258
)
 
(265
)
 
(756
)
 
(777
)
Loss from continuing operations attributable to common shareholders
 
$
(4,466
)
 
$
(3,071
)
 
$
(2,640
)
 
$
(10,966
)
Denominator:
 
 
 
 
 
 
 
 
Weighted average basic shares
 
 
 
 
 
 
 
 
       Weighted average common shares outstanding
 
21,867

 
21,708

 
21,858

 
21,708

Weighted average diluted shares
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
21,867

 
21,708

 
21,858

 
21,708

        Effect of potentially dilutive securities
 

 

 

 

Total weighted average diluted shares
 
21,867

 
21,708

 
21,858

 
21,708

Basic loss from continuing operations per share
 
$
(0.20
)
 
$
(0.14
)
 
$
(0.12
)
 
$
(0.51
)
Diluted loss from continuing operations per share
 
$
(0.20
)
 
$
(0.14
)
 
$
(0.12
)
 
$
(0.51
)

Basic loss from continuing operations per share is calculated using weighted-average common shares outstanding. Diluted loss from continuing operations per share is calculated using weighted-average diluted shares. Weighted-average diluted shares is calculated by adding the effect of potentially dilutive securities to weighted-average common shares outstanding. Potentially dilutive securities consist of stock options, unvested restricted stock awards, unvested restricted stock units, warrants and convertible preferred stock. Because the Company is reporting a loss from continuing operations for the three and nine months ended September 30, 2019 and September 30, 2018, all potentially dilutive securities outstanding were excluded from the calculation of diluted loss from continuing operations per share since their inclusion would have been anti-dilutive.