Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following table sets forth the calculation of basic and diluted earnings (loss) per share for the years ended December 31, 2013, 2012 and 2011:
 
Years Ended December 31,
 
2013
 
2012
 
2011
Net (loss) income
$
(42,699,458
)
 
$
(29,157,204
)
 
$
5,612,992

Preferred stock dividends
—

 
(43,333
)
 
(100,000
)
Net (loss) income attributable to common stockholders
$
(42,699,458
)
 
$
(29,200,537
)
 
$
5,512,992

 
 
 
 
 
 
Weighted average shares outstanding (basic and diluted)
121,808,986

 
99,059,997

 
90,509,326

(Loss) income per common share (basic and diluted)
$
(0.35
)
 
$
(0.29
)
 
$
0.06