Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

The table below reconciles the numerator and denominator of EPS for the nine and three months ended September 30, 2013 and 2012.

(in thousands, except per-share information)
			Nine Months Ended				Three Months Ended
			September 30,				September 30,
				2013		2012		2013		2012
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per common share:
	Net (loss) income - Basic and diluted		$	(2,143)	$	802	$	(997)	$	545
Weighted average common shares:
	Common shares outstanding or to be
		issued at the balance sheet date		3,342		982		3,342		982
	Effect of weighting			(441)		-		-		-
Weighted average shares-basic and diluted				2,901		982		3,342		982
(Loss) income per common share:
	Basic and diluted		$	(0.74)	$	0.82	$	(0.30)	$	0.56