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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share

The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2017 and 2016, respectively:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

6,417,000

 

 

$

(761,000

)

 

$

13,973,000

 

 

$

5,610,000

 

Preferred stock dividends

 

 

(3,535,000

)

 

 

(3,602,000

)

 

 

(10,739,000

)

 

 

(10,806,000

)

Preferred stock redemptions costs

 

 

(7,890,000

)

 

 

-

 

 

 

(7,890,000

)

 

 

-

 

Net (income) loss attributable to noncontrolling interests

 

 

(117,000

)

 

 

74,000

 

 

 

(371,000

)

 

 

254,000

 

Net earnings allocated to unvested shares

 

 

(190,000

)

 

 

(183,000

)

 

 

(564,000

)

 

 

(533,000

)

Net (loss) attributable to vested common shares outstanding

 

$

(5,315,000

)

 

$

(4,472,000

)

 

$

(5,591,000

)

 

$

(5,475,000

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of vested common shares outstanding

 

 

85,642,000

 

 

 

81,676,000

 

 

 

83,049,000

 

 

 

81,670,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) per commons share attributable to common shareholders, basic and diluted

 

$

(0.06

)

 

$

(0.05

)

 

$

(0.07

)

 

$

(0.07

)