Per Share Data

6 Months Ended

Jun. 30, 2012

Per Share Data [Abstract]

PER SHARE DATA

NOTE 8 – PER SHARE DATA

For the periods presented, the following table sets forth the computation of basic and, where applicable,* diluted earnings per share attributable to common stockholders (dollars in thousands, except per share data):

	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Numerator:
Net income (loss) attributable to common stockholders	$	1,607	$	(3,970	)	$	1,687	$	(3,929	)
Add: Impact of assumed conversions Interest on convertible debts		231		—			223		—
Net income (loss) attributable to common stockholders after assumed conversions	$	1,838	$	(3,970	)	$	1,910	$	(3,929	)
Denominator:
Weighted average common shares – basic		59,252		55,784			59,252		55,217
Effect of dilutive securities:
Series C convertible preferred stock		3,300		—			3,300		—
Series D convertible preferred stock		5,182		—			6,551		—
Stock options		—		—			—		—
Warrants		—		—			—		—
Convertible debts		20,700		—			12,684		—
Weighted average common shares – diluted		88,434		55,784			81,787		55,217
Earnings per share:
Basic	$	0.03	$	(0.07	)	$	0.03	$	(0.07	)
Diluted	$	0.02		n/a		$	0.02		n/a

* No diluted per share data is presented for loss periods because to do so would be anti-dilutive.