Loss Per Share and Capital Matters (Tables)

12 Months Ended

Dec. 31, 2012

Loss Per Share and Capital Matters [Abstract]

Schedule of Stockholders' Equity

Information related to common stockholders' equity at December 31, 2012 and 2011 was as follows:

	2012		2011
Par value per share	$	0.40	$	0.40
Authorized shares		6,500,000		6,500,000
Issued shares		4,472,255		4,472,255
Outstanding shares		4,270,755		4,277,755
Treasury shares		201,500		194,500

Schedule of Basic and Diluted Loss Per Share

Net loss available to common stockholders was utilized to calculate both basic and diluted loss per share for all years presented. Information regarding weighted average shares utilized in computing basic and diluted loss per share is as follows:

	2012			2011			2010
Basic earnings per share:
Net loss	$	(12,580	)	$	(6,687	)	$	(6,362	)
Dividends accrued to preferred stockholders		988			938			893
Accretion of discount on preferred stock		143			136			127
Net loss available to common stockholders	$	(13,711	)	$	(7,761	)	$	(7,382	)
Weighted average common shares outstanding		4,275,236			4,276,478			4,072,255
Basic loss per share	$	(3.21	)	$	(1.81	)	$	(1.81	)
Diluted earnings per share:
Net loss	$	(12,580	)	$	(6,687	)	$	(6,362	)
Dividends accrued to preferred stockholders		988			938			893
Accretion of discount on preferred stock		143			136			127
Net loss available to common stockholders	$	(13,711	)	$	(7,761	)	$	(7,382	)
Weighted average common shares outstanding		4,275,236			4,276,478			4,072,255
Add: Dilutive effect of common stock equivalents		0			0			0
Weighted average common and dilutive common shares outstanding		4,275,236			4,276,478			4,072,255
Diluted earnings per share	$	(3.21	)	$	(1.81	)	$	(1.81	)