Annual report pursuant to section 13 and 15(d)

Organization and Business (Tables)

v2.4.0.8
Organization and Business (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Basic and Diluted Earnings per Share

The Company’s basic and diluted average weighted shares outstanding used to determine basic and diluted earnings per share for the year ended December 31, 2013 were determined as follows:

Year ended December 31, 2013:

Basic weighted average shares/units outstanding:

 

Basic weighted average units outstanding for the six months ended June 30, 2013

  

 

5,167,709

  

Basic weighted average Class A shares outstanding for the six months ended December 31, 2013

  

 

2,977,767

  

Total shares/units for purposes of calculating basic net income per share/unit

  

 

8,145,476

  

Diluted weighted average shares/units outstanding:

 

Diluted weighted average units outstanding for the six months ended June 30, 2013 (1)

  

 

5,396,258

  

Diluted weighted average Class A shares outstanding for the six months ended December 31, 2013

  

 

2,977,767

  

Total shares/ units for purposes of calculating diluted net income per share/ unit

  

 

8,374,025

  

·

Includes 228,549 performance units which are conditionally issuable Class B units that would be issuable if June 30, 2013 was the end of the contingency period.