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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Components of Earnings per Common Share
Following is a summary of the information used in the computation of earnings per common share (in thousands):
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Net loss available to common shareholders
 
$
(1,479
)
 
$
(6,225
)
 
$
(1,928
)
 
$
(4,545
)
Dividends on Series C preferred stock
 
—

 
—

 
—

 
—

Adjusted net loss available to common shareholders
 
$
(1,479
)
 
$
(6,225
)
 
$
(1,928
)
 
$
(4,545
)
Weighted average number of common shares outstanding used in computation of basic loss per common share
 
16,526

 
12,227

 
16,511

 
11,749

Effect of dilutive securities:
 
 

 
 
 
 
 
 
Stock options
 
3

 
10

 
3

 
13

Restricted stock
 
—

 
—

 
—

 
—

Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted loss per share
 
16,529

 
12,237

 
16,514

 
11,762

Summary of Securities Excluded from Computation of Earnings per Share
Following is a summary of the securities that were excluded from the computation of diluted earnings per share because the effects of the shares were anti-dilutive (in thousands):

 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Stock options
 
31

 
84

 
31

 
84

Restricted stock
 
—

 
—

 
—

 
—

Shares subject to the outstanding warrant issued in connection with the CPP transaction
 
104

 
104

 
104

 
104

Convertible preferred stock
 
500

 
505

 
500

 
505