Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Tables)

v2.4.0.8
Earnings per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share of Common Stock

The computation from the IPO date of April 23, 2013, of basic and diluted earnings per share of common stock is as follows:

 

Numerator:

   For the three
months ended June 30,
2013
    For the six
months ended June 30,
2013
 

Net loss attributable to common stockholders

   $ (4,971,643   $ (4,971,643

Less: Dividends paid on unvested shares of restricted common stock

     —          —     

Undistributed earnings attributable to unvested restricted common stock

     —          —     
  

 

 

   

 

 

 

Net loss attributable to common stockholders

   $ (4,971,643   $ (4,971,643
  

 

 

   

 

 

 

 

Denominator:

   For the three
months ended June 30,
2013
    For the six
months ended June 30,
2013
 

Weighted-average number of shares of common stock—basic

     15,439,311        15,439,311   

Unvested shares of restricted common stock (1)

     —          —     
  

 

 

   

 

 

 

Weighted-average number of shares of common stock—diluted

     15,439,311        15,439,311   
  

 

 

   

 

 

 

Loss per share attributable to common stockholders—basic and diluted

   $ (0.32   $ (0.32
  

 

 

   

 

 

 

 

(1) Anti-dilutive for all periods presented