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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
EARNINGS PER SHARE [Abstract]  
Reconciliation of Numerator and Denominator of Diluted Net Loss Per Share Computations
The following is a reconciliation of the numerator and denominator of the diluted net income (loss) per share computations for the periods presented below:

  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
(in thousands, except share data)
 
2020
  
2019
  
2020
  
2019
 
Numerator:
            
Net income (loss)
 
$
783
  
$
(3,064
)
 
$
(967
)
 
$
(8,531
)
Less: preferred stock dividend
  
(305
)
  
-
   
(610
)
  
-
 
Less: allocation to preferred stockholders
  
(83
)
  
-
   
-
   
-
 
Less: allocation to restricted stockholders
  
(23
)
  
-
   
-
   
-
 
Net income (loss) allocated to common stockholders
 
$
372
  
$
(3,064
)
 
$
(1,577
)
 
$
(8,531
)
                 
Basic loss per share:
                
Denominator:
                
Weighted average common shares outstanding
  
24,741,331
   
24,555,435
   
24,669,838
   
24,544,879
 
Basic income (loss) per share
 
$
0.02
  
$
(0.12
)
 
$
(0.06
)
 
$
(0.35
)
                 
Diluted loss per share:
                
Denominator:
                
Weighted average number of:
                
Common shares outstanding
  
24,741,331
   
24,555,435
   
24,669,838
   
24,544,879
 
Dilutive potential common shares outstanding:
                
Series A Preferred Stock
  
-
   
-
   
-
   
-
 
Unvested restricted stock
  
-
   
-
   
-
   
-
 
Stock options
  
-
   
-
   
-
   
-
 
Dilutive shares outstanding
  
24,741,331
   
24,555,435
   
24,669,838
   
24,544,879
 
Diluted income (loss) per share
 
$
0.02
  
$
(0.12
)
 
$
(0.06
)
 
$
(0.35
)
Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the potential weighted average shares of common stock that were excluded from the determination of our diluted shares outstanding as they were anti-dilutive:

  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
(in thousands, except share data)
 
2020
  
2019
  
2020
  
2019
 
Series A Preferred Stock
  
5,577,955
   
-
   
5,513,379
   
-
 
Unvested restricted stock
  
319,461
   
61,138
   
466,581
   
118,348
 
   
5,897,416
   
61,138
   
5,979,960
   
118,348