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Earnings (Loss) Per Common Share
3 Months Ended
Mar. 31, 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
March 31,
 
 
 
2013
 
2012
Numerator: Loss amounts attributable to Diversicare Healthcare Services, Inc. common shareholders:
 
 
 
Loss from continuing operations
$
(935
)
 
$
(1,283
)
Less: income attributable to noncontrolling interests
(18
)
 
(78
)
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc.
(953
)
 
(1,361
)
Preferred stock dividends
(86
)
 
(86
)
Loss from continuing operations attributable to Diversicare Healthcare Services, Inc. shareholders
(1,039
)
 
(1,447
)
Loss from discontinued operations, net of income taxes
(12
)
 
(93
)
Net loss attributable to Diversicare Healthcare Services, Inc. common shareholders
$
(1,051
)
 
$
(1,540
)
 
 
Three Months Ended
March 31,
 
2013
 
2012
Net loss per common share:
 
 
 
Per common share – basic
 
 
 
Loss from continuing operations
$
(0.18
)
 
$
(0.25
)
Income from discontinued operations
 
 
 
Operating income, net of taxes

 
0.02

Gain on disposal, net of taxes

 

Discontinued operations, net of taxes

 
0.02

Net loss per common share – basic
$
(0.18
)
 
$
(0.27
)
Per common share – diluted
 
 
 
Loss from continuing operations
$
(0.18
)
 
$
(0.25
)
Income from discontinued operations
 
 
 
Operating income, net of taxes

 
0.02

Gain on disposal, net of taxes

 

Discontinued operations, net of taxes

 
0.02

Net loss per common share - diluted
$
(0.18
)
 
$
(0.27
)
Denominator: Weighted Average Common Shares Outstanding:
 
 
 
Basic
5,848

 
5,795

Diluted
5,848

 
5,795


The effects of 415,000 and 151,000 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. The weighted average common shares for basic and diluted earnings for common shares were the same due to the quarterly loss in 2013 and 2012.