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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (in thousands, except share and per share amounts):
 
Year Ended
December 31,
 
2018
 
2017
 
2016
Net income (loss)
$
(9,227
)
 
$
(21,542
)
 
$
(8,437
)
 
 
 
 
 
 
Weighted average common shares, basic and diluted*
8,543,876

 
7,867,344

 
7,618,588

 
 
 
 
 
 
Earnings (loss) per share, basic and diluted
$
(1.08
)
 
$
(2.74
)
 
$
(1.11
)
* The non-vested shares of the restricted stock units were anti-dilutive as of December 31, 2018, 2017, and 2016. Therefore, the basic and diluted weighted average common shares are equal as of December 31, 2018, 2017, and 2016.