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Earnings Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

A significant portion of the Company's non-vested share-based payment awards are considered participating securities and as such, the Company is required to use the two-class method for the computation of basic and diluted earnings per share. Under the two-class computation method, net losses are not allocated to participating securities unless the holder of the security has a contractual obligation to share in the losses. The non-vested share-based payment awards are not allocated losses as the awards do not have a contractual obligation to share in losses of the Company.
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three and six months ended June 30, 2013 and 2012:
 
Three months ended June 30,
 
Six months ended June 30,
 
2013
 
2012
 
2013
 
2012
BASIC
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders
$
(9,259
)
 
$
222

 
$
(21,484
)
 
$
(78
)
Income (loss) from discontinued operations attributable to common shareholders
8,410

 
(3,614
)
 
13,340

 
(5,501
)
Net loss attributable to common shareholders
$
(849
)
 
$
(3,392
)
 
$
(8,144
)
 
$
(5,579
)
Weighted-average number of common shares outstanding
211,619,288

 
154,558,380

 
200,487,623

 
154,353,707

Income (loss) per common share:
 

 
 

 
 

 
 

Income (loss) from continuing operations
$
(0.04
)
 
$

 
$
(0.11
)
 
$

Income (loss) from discontinued operations
0.04

 
(0.02
)
 
0.07

 
(0.04
)
Net loss attributable to common shareholders
$

 
$
(0.02
)
 
$
(0.04
)
 
$
(0.04
)
 
 
 
 
 
 
 
 
DILUTED
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common shareholders
$
(9,259
)
 
$
222

 
$
(21,484
)
 
$
(78
)
Impact of assumed conversions:
 
 
 
 
 
 
 
Share options

 

 

 

Income (loss) from continuing operations attributable to common shareholders
(9,259
)
 
222

 
(21,484
)
 
(78
)
Income (loss) from discontinued operations attributable to common shareholders
8,410

 
(3,614
)
 
13,340

 
(5,501
)
Net loss attributable to common shareholders
$
(849
)
 
$
(3,392
)
 
$
(8,144
)
 
$
(5,579
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
211,619,288

 
154,558,380

 
200,487,623

 
154,353,707

Effect of dilutive securities:
 
 
 
 
 
 
 
Share options

 
239,105

 

 

Weighted-average common shares outstanding
211,619,288

 
154,797,485

 
200,487,623

 
154,353,707

 
 
 
 
 
 
 
 
Income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(0.04
)
 
$

 
$
(0.11
)
 
$

Income (loss) from discontinued operations
0.04

 
(0.02
)
 
0.07

 
(0.04
)
Net loss attributable to common shareholders
$

 
$
(0.02
)
 
$
(0.04
)
 
$
(0.04
)

For per common share amounts, all incremental shares are considered anti-dilutive for periods that have a loss from continuing operations attributable to common shareholders. In addition, other common share equivalents may be anti-dilutive in certain periods.