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Earnings per Share Disclosure
12 Months Ended
Dec. 31, 2011
Earnings per Share Disclosure [Abstract]  
Earnings per Share Disclosure

11. Earnings per Share Disclosure

The following is a reconciliation of the numerators and denominators of the basic and diluted Earnings Per Share (“EPS”) computation for income (loss) available to common stockholders and other related disclosures required by ASC 260-10.

The following disclosures present the computation of basic and diluted earnings per share for 2011 and 2010:

 

                                                 
    2011     2010  
    Income
(Numerator)
    Shares
(Denominator)
    Per Share
Amount
    Income
(Numerator)
    Shares
(Denominator)
    Per Share
Amount
 

Basic and Diluted EPS:

                                               

Loss from continuing operations

  $   (1,976     50,611,879     $   (0.04   $   (2,236     51,752,557     $   (0.05
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Loss from discontinued operations

  $       50,611,879     $     $ (93     51,752,557     $  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

  $ (1,976     50,611,879     $ (0.04   $ (2,329     51,752,557     $ (0.05
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

In addition, for the years ended December 31, 2011 and 2010, 56,219 and 61,233, weighted average shares, respectively, related to stock options exercisable, were not included in the computation of diluted EPS because to do so would have been antidilutive.