Net Loss Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Loss Per Common Share and Common Share Equivalents

The calculation of basic and diluted loss per common share and common share equivalents is as follows (in thousands except for per share data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Basic net loss per common share
Net loss	$	(376	)	$	(2,268	)	$	(1,817	)	$	(3,911	)
Add: Excess of carrying value of Series C Preferred Stock over redemption value		459			—			459			—
Less: Preferred stock dividends		(7	)		(7	)		(14	)		(14	)
Net income (loss) applicable to common stock	$	76		$	(2,275	)	$	(1,372	)	$	(3,925	)
Basic weighted average number of common shares    outstanding		10,803			10,789			10,803			10,789
Basic net income (loss) per common share	$	0.01		$	(0.21	)	$	(0.13	)	$	(0.36	)
Diluted loss per common share
Net loss applicable to common stock	$	76		$	(2,275	)	$	(1,372	)	$	(3,925	)
Less: Excess of carrying value of Series C Preferred Stock over redemption value		(459	)		—			—			—
Add: Preferred stock dividends		7			—			—			—
Net loss applicable to dilutive common stock	$	(376	)	$	(2,275	)	$	(1,372	)	$	(3,925	)
Basic weighted average number of common shares    outstanding		10,803			10,789			10,803			10,789
Effect of dilutive securities
Dilutive stock awards		40			—			—			—
Dilutive preferred share conversions		111			—			—			—
		151			—			—			—
Diluted weighted average number of common shares    outstanding		10,954			10,789			10,803			10,789
Diluted net loss per common share	$	(0.03	)	$	(0.21	)	$	(0.13	)	$	(0.36	)