Annual report pursuant to Section 13 and 15(d)

Earnings per Share of Common Stock (Tables)

v2.4.0.8
Earnings per Share of Common Stock (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):

 

Numerator:

    Year ended
December 31, 2013		  

Net loss attributable to controlling shareholders and participating securities

    $ (10,459 ) 

Less: Dividends paid on participating securities

      (278 ) 

Undistributed earnings attributable to participating securities(1)

      —     
  

 

 

  

Net (loss) attributable to controlling shareholders

    $ (10,737 ) 
  

 

 

  

 

Denominator:

    Year ended
December 31, 2013		  

Weighted-average number of common shares - basic and diluted

      15,716,250   

(Loss) per share attributable to common shares - basic and diluted

    $ (0.68 ) 
  

 

 

  

 

(1) Anti-dilutive for the year ended December 31, 2013, as the participating securities do not have an obligation to share in our losses.