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Earnings Per Share (EPS) (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

The table below reconciles the numerator and denominator of EPS for the years ended December 31, 2013 and 2012.

 

(in thousands, except per-share information)        
     2013     2012  

Basic and diluted EPS per common share:

  

  

Numerator for basic and diluted EPS per common share:

     

Net (loss) income — Basic and diluted

    $ (698 )    $ 534   

Weighted average common shares:

     

Common shares outstanding at the balance sheet date

      3,342        154   

Common shares to be distributed as a stock dividend

      —          828   

Effect of weighting

      (330 )      —     
  

 

 

    

 

 

  

Weighted average shares-basic and diluted

      3,012        982   
  

 

 

    

 

 

  

(Loss) income per common share:

     

Basic and diluted

    $ (0.23 )    $ 0.54