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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The computations of basic and diluted earnings per share from continuing and discontinued operations are as follows:
 
 
Quarter Ended
 
 
March 31,
2014
 
March 31,
2013
Continuing Operations:
 
 
 
 
Net income from continuing operations attributable to shareholders
 
$
4,785

 
$
71

Less:  Amounts allocated to participating securities (nonvested shares and units)(i)
 
257

 
(5
)
Net income from continuing operations attributable to common shareholders
 
$
4,528

 
$
66

 
 
 
 
 
Discontinued Operations:
 
 
 
 
Discontinued operations attributable to shareholders
 
$

 
$
1,406

Less:  Amounts allocated to participating securities (nonvested shares and units)(i)
 

 
(103
)
Discontinued operations attributable to common shareholders
 
$

 
$
1,303

 
 
 
 
 
Share information:
 
 
 
 
Basic weighted average common shares(ii)
 
17,246,251

 
16,999,146

Potential dilutive securities(iii)
 

 

Diluted weighted average common shares
 
17,246,251

 
16,999,146

 
 
 
 
 
Basic earnings per share
 
 
 
 
Income from continuing operations
 
$
0.26

 
$

Income from discontinued operations
 

 
0.08

Net income
 
$
0.26

 
$
0.08

 
 
 
 
 
Diluted earnings per share
 
 
 
 
Income from continuing operations
 
$
0.26

 
$

Income from discontinued operations
 

 
0.08

Net income
 
$
0.26

 
$
0.08


(i) 
Participating securities include 457,064 and 917,372 nonvested restricted shares for the quarters March 31, 2014 and 2013, respectively, as well as 492,360 and 421,014 restricted share units for the quarters ended March 31, 2014 and 2013, respectively. Participating securities do not receive an allocation in periods when a loss is experienced.
(ii) 
Under the two-class method, basic weighted average common shares exclude outstanding nonvested participating securities consisting of restricted share awards of 457,064 and  917,372 for the quarters ended March 31, 2014 and 2013, respectively.
(iii) 
Anti-dilutive shares related to stock options totaled 10,000 and 20,000 for the quarters ended March 31, 2014 and 2013, respectively.