Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
Earnings Per Share
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 30, 2013
 
August 31, 2012
 
September 30, 2013
 
August 31, 2012
Net income attributable to CORR Stockholders
$
439,452

 
$
4,988,508

 
$
2,922,277

 
$
12,712,309

Basic and diluted weighted average shares (1)
24,151,700

 
9,182,699

 
24,147,163

 
9,180,776

Basic and diluted earnings per share attributable to CORR Stockholders
$
0.02

 
$
0.54

 
$
0.12

 
$
1.38

(1)
Warrants to purchase shares of common stock were outstanding during the periods reflected in the table above, but were not included in the computation of diluted earnings per share because the warrants’ exercise price was greater than the average market value of the common shares and, therefore, the effect would be anti-dilutive.