Earnings or Loss Per Common Share (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Weighted Average Number of Common Shares Outstanding for Basic and Diluted EPS

Basic earnings or loss per common share (“EPS”) is computed by dividing net income or loss available to common stockholders by the weighted-average number of common shares outstanding for the period. The weighted average number of common shares outstanding for basic and diluted EPS for years ended December 31, 2013, 2012, and 2011, respectively, were as follows

(in thousands):

	Years ended December 31,
	2013		2012		2011
Basic		878,710		628,101		376,312
Diluted		878,710		628,101		376,312

Schedule of Anti-dilutive Securities

The number of stock options, warrants issued in stock offerings and nonvested restricted stock excluded from dilutive shares outstanding in the above periods, as these potentially dilutive securities are anti-dilutive because the Company was in a loss position, were as follows (in thousands):

	Years ended December 31,
	2013		2012		2011
Stock options		-		4		238
Warrants issued in stock offerings		-		-		14
Nonvested restricted stock awards		2,154		796		158
		2,154		800		410