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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
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 (dollars in thousands, except per share amounts):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Net income (loss)
$
(1,230
)
 
$
(3,551
)
 
$
(4,794
)
 
$
(4,451
)
 
 
 
 
 
 
 
 
Weighted average common shares, basic and diluted*
9,543,535

 
8,553,613

 
8,640,409

 
8,531,545

 
 
 
 
 
 
 
 
Earnings (loss) per common share, basic and diluted
$
(0.13
)
 
$
(0.42
)
 
$
(0.55
)
 
$
(0.52
)
* The nonvested shares of the restricted stock units were anti-dilutive as of September 30, 2019 and September 30, 2018. Therefore, the basic and diluted weighted average common shares are equal for the three and nine months ended September 30, 2019 and September 30, 2018.