Basic and Diluted Average Shares

6 Months Ended

Jun. 30, 2014

Basic and Diluted Average Shares [Abstract]

Basic and Diluted Average Shares

(5) Basic and Diluted Average Shares

A reconciliation of basic and diluted average common shares for the three and six months ended June 30, 2014 and 2013 is as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2014		2013		2014		2013
Basic weighted average shares		12,210,397		12,175,584		12,202,214		12,175,584
Effect of potential dilutive securities:
Stock options		-		-		-		-
Diluted weighted average shares		12,210,397		12,175,584		12,202,214		12,175,584

For the three and six months ended June 30, 2014 and 2013, options to purchase 5,347,500 and 5,372,500 shares of common stock, respectively, and 46,500 and 0 unvested Restricted Stock Units (“RSUs”), respectively, were not added to the diluted average shares because inclusion of such shares would be antidilutive.