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Net Income (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Basic and diluted net income (loss) per common share
Information with respect to the calculation of basic and diluted net income (loss) per common share is presented below:
 
 
Years Ended December 31,
 
 
2014
 
2013
 
2012
Numerator: Income (loss) amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
1,450,000

 
$
(6,993,000
)
 
$
(3,871,000
)
Less: net income attributable to noncontrolling interests
 
25,000

 
(72,000
)
 
(126,000
)
Income (loss) from continuing operations attributable to Diversicare Healthcare Services, Inc.
 
1,475,000

 
(7,065,000
)
 
(3,997,000
)
Preferred stock dividends
 
(220,000
)
 
(344,000
)
 
(344,000
)
Income (loss) from continuing operations attributable to Diversicare Healthcare Services, Inc. shareholders
 
1,255,000

 
(7,409,000
)
 
(4,341,000
)
Income (loss) from discontinued operations, net of income taxes
 
3,258,000

 
(1,469,000
)
 
951,000

Net income (loss) attributable to Diversicare Healthcare Services, Inc. Shareholders
 
$
4,513,000

 
$
(8,878,000
)
 
$
(3,390,000
)
 
 
 
 
 
 
 
Denominator: Basic Weighted Average Common Shares Outstanding:
 
6,011,000

 
5,899,000

 
5,821,000

 
 
 
 
 
 
 
Basic net income per common share
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
0.21

 
$
(1.26
)
 
$
(0.74
)
Income (loss) from discontinued operations
 
 
 
 
 
 
Operating income (loss), net of taxes
 
(0.25
)
 
(0.25
)
 
0.13

Gain on disposal, net of taxes
 
0.79

 

 
0.03

Discontinued operations, net of taxes
 
0.54

 
(0.25
)
 
0.16

Basic net income (loss) per common share
 
$
0.75

 
$
(1.51
)
 
$
(0.58
)
 
 
2014
 
2013
 
2012
Numerator: Income (loss) from continuing operations attributable to Diversicare Healthcare Services, Inc. shareholders
 
1,255,000

 
(7,409,000
)
 
(4,341,000
)
Income (loss) from discontinued operations, net of income taxes
 
3,258,000

 
(1,469,000
)
 
951,000

Net income (loss) attributable to Diversicare Healthcare Services, Inc. Shareholders
 
$
4,513,000

 
$
(8,878,000
)
 
$
(3,390,000
)
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
 
6,011,000

 
5,899,000

 
5,821,000

Incremental shares from assumed exercise of options, SOSARS and Restricted Stock Units
 
186,000

 

 

Denominator: Diluted Weighted Average Common Shares Outstanding:
 
6,197,000

 
5,899,000

 
5,821,000

 
 
 
 
 
 
 
Diluted net income per common share
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
0.20

 
$
(1.26
)
 
$
(0.74
)
Income (loss) from discontinued operations
 
 
 
 
 
 
Operating income (loss), net of taxes
 
(0.25
)
 
(0.25
)
 
0.13

Gain on disposal, net of taxes
 
0.77

 

 
0.03

Discontinued operations, net of taxes
 
0.52

 
(0.25
)
 
0.16

Diluted net income (loss) per common share
 
$
0.72

 
$
(1.51
)
 
$
(0.58
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table reflects the weighted average outstanding SOSARs and Options that were excluded from the computation of diluted earnings per share, as they would have been anti-dilutive:
 
2014
 
2013
 
2012
SOSARs/Options Excluded
57,000
 
310,000
 
348,000