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Earnings (Loss) Per Common Share
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER COMMON SHARE
EARNINGS (LOSS) PER COMMON SHARE
Information with respect to basic and diluted net loss per common share is presented below in thousands, except per share:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
 
 
 
 
 
2013
 
2012
 
2013
 
2012
Numerator: Loss amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
 
 
 
Loss from continuing operations
$
(2,344
)
 
$
(498
)
 
$
(5,336
)
 
$
(2,802
)
Less: income attributable to noncontrolling interests
(17
)
 
(16
)
 
(51
)
 
(109
)
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc.
(2,361
)
 
(514
)
 
(5,387
)
 
(2,911
)
Preferred stock dividends
(86
)
 
(86
)
 
(258
)
 
(258
)
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc. shareholders
(2,447
)
 
(600
)
 
(5,645
)
 
(3,169
)
Income (loss) from discontinued operations, net of income taxes
(2,421
)
 
518

 
(2,555
)
 
1,013

Net loss attributable to Diversicare Healthcare Services, Inc. common shareholders
$
(4,868
)
 
$
(82
)
 
$
(8,200
)
 
$
(2,156
)
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Net loss per common share:
 
 
 
 
 
 
 
Per common share – basic
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.42
)
 
$
(0.10
)
 
$
(0.96
)
 
$
(0.54
)
Income from discontinued operations
 
 
 
 
 
 
 
Operating income (loss), net of taxes
(0.41
)
 
0.06

 
(0.43
)
 
0.14

Gain on disposal, net of taxes
—

 
0.03

 
—

 
0.03

Discontinued operations, net of taxes
(0.41
)
 
0.09

 
(0.43
)
 
0.17

Net loss per common share – basic
$
(0.83
)
 
$
(0.01
)
 
$
(1.39
)
 
$
(0.37
)
Per common share – diluted
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.42
)
 
$
(0.10
)
 
$
(0.96
)
 
$
(0.54
)
Income from discontinued operations
 
 
 
 
 
 
 
Operating income, net of taxes
(0.41
)
 
0.06

 
(0.43
)
 
0.14

Gain on disposal, net of taxes
—

 
0.03

 
—

 
0.03

Discontinued operations, net of taxes
(0.41
)
 
—

 
(0.04
)
 
0.17

Net loss per common share - diluted
$
(0.83
)
 
$
(0.01
)
 
$
(1.39
)
 
$
(0.37
)
Denominator: Weighted Average Common Shares Outstanding:
 
 
 
 
 
 
 
Basic
5,892

 
5,828

 
5,878

 
5,816

Diluted
5,892

 
5,828

 
5,878

 
5,816


The effects of 326,000 and 239,000 SOSARs and options outstanding were excluded from the computation of diluted earnings per common share in 2013 and 2012, respectively, because these securities would have been anti-dilutive due to the net loss. The weighted average common shares for basic and diluted earnings for common shares were the same due to the quarterly and year-to-date loss in 2013 and 2012.