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Net Loss Per Share
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2012 and 2011 (dollars in thousands, expect for shares and per share data):  
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2012
 
2011
 
2012
 
2011
Net loss from continuing operations attributable to stockholders
$
(763
)
 
$
(625
)
 
$
(3,034
)
 
$
(641
)
Less: dividends declared on preferred shares
(140
)
 
—

 
(210
)
 


Net loss from continuing operations attributable to common stockholders
(903
)
 
(625
)
 
(3,244
)
 
(641
)
Net loss from discontinued operations attributable to stockholders
(41
)
 
(9
)
 
(440
)
 
(9
)
Net loss attributable to common stockholders, net of dividends on preferred shares
$
(944
)
 
$
(634
)
 
$
(3,684
)
 
$
(650
)
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
10,846,432

 
1,515,710

 
8,543,365

 
511,452

Basic and diluted net loss per share from continuing operations attributable to common stockholders
$
(0.08
)
 
$
(0.41
)
 
$
(0.38
)
 
$
(1.25
)
Basic and diluted net loss per share from discontinued operations attributable to stockholders
$
—

 
$
(0.01
)
 
$
(0.05
)
 
$
(0.02
)
Basic and diluted net loss per share attributable to common stockholders
$
(0.09
)
 
$
(0.42
)
 
$
(0.43
)
 
$
(1.27
)


As of September 30, 2012, the Company had 886,376 OP Units issued, which are convertible to an equal number of shares of the Company's common stock, 217,727 shares of unvested restricted stock outstanding, 545,454 shares of the Company's Series A preferred convertible stock outstanding and 283,018 shares of the Company's Series B preferred convertible stock outstanding, which were excluded from the calculation of diluted loss per share as the effect would have been antidilutive.