Loss Per Share
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Loss Per Share
Loss Per Share
Basic and diluted loss per share is computed by dividing net loss attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. The equity structure in the condensed consolidated financial statements following the reverse merger reflect the equity structure of the Surviving Corporation including the equity interests issued by the Surviving Corporation to effect the Merger and the retroactive adjustment of the Company's prior period common shares outstanding. The denominator of basic loss per share for each comparative period before the Merger is computed using the Company's historical weighted average number of common shares outstanding multiplied by the exchange ratio of 1.9048 established in the Merger Agreement. The denominator of basic loss per share from the acquisition date to the end of that period shall be the actual number of common shares of the Surviving Corporation outstanding during that period.
The table below is a reconciliation of the numerator used in the computation of basic and diluted loss per share (dollars in thousands):
 
Three Months 
 Ended September 30,
 
Nine Months 
 Ended September 30,
 
2013
 
2012
 
2013
 
2012
Loss from continuing operations
$
(23,056
)
 
$
(50,925
)
 
$
(43,240
)
 
$
(73,093
)
Less: preferred dividends
—

 
—

 
—

 
(8
)
Loss from continuing operations attributable to common stockholders
(23,056
)
 
(50,925
)
 
(43,240
)
 
(73,101
)
Income from discontinued operations
1,148

 
1,066

 
1,331

 
2,050

Net loss attributable to common stockholders
$
(21,908
)
 
$
(49,859
)
 
$
(41,909
)
 
$
(71,051
)
Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic and diluted
329,527,874

 
55,909,384

 
216,749,378

 
51,496,427


For all periods presented, no potentially dilutive securities were included in computing loss per share of common stock as their effect would be anti-dilutive. Potentially dilutive securities excluded were non-vested restricted stock and non-vested performance shares during the three and nine months ended September 30, 2013 and primarily the potential shares of common stock for the Term Note debt conversion during the three and nine months ended September 30, 2012. The weighted average number of shares of potentially dilutive securities were as follows:
 
Three Months 
 Ended September 30,
 
Nine Months 
 Ended September 30,
 
2013
 
2012
 
2013
 
2012
Convertible Term Note debt
—

 
43,170,510

 
—

 
45,171,111

Non-vested shares of restricted stock
607,505

 
2,586

 
761,617

 
869

Non-vested performance shares
94,711

 
—

 
31,917

 
—

Potentially dilutive shares
702,216

 
43,173,096

 
793,534

 
45,171,980