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Net Loss Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share 

The following is a summary of the basic and diluted net loss per share computation for the three months ended March 31, 2012 and 2011 (dollars in thousands, expect for per share data):  

 
Three Months Ended March 31,
 
2012
 
2011
Net loss from continuing operations attributable to stockholders
$
(308
)
 
$
(16
)
Loss from discontinued operations attributable to stockholders
(322
)
 

Net loss attributable to stockholders
$
(630
)
 
$
(16
)
 
 
 
 
Weighted average common shares outstanding
7,174,934

 
1,000

Basic and diluted net loss per share from continuing operations attributable to stockholders
$
(0.04
)
 
N/M

Basic and diluted net loss per share from discontinued operations attributable to stockholders
$
(0.05
)
 
N/M

Basic and diluted net loss per share attributable to stockholders
$
(0.09
)
 
N/M


As of March 31, 2012, the Company had 310,000 OP Units outstanding, which are convertible to an equal number of shares of the Company's common stock, and 148,500 shares of unvested restricted stock outstanding which were excluded from the calculation of diluted loss per share as the effect would have been antidilutive.