Net Loss Per Common Share (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Basic net (loss) income per common share
Net (loss) income	$	(1,410	)	$	248		$	(3,227	)	$	(3,663	)
Add: Excess of carrying value of Series C    Preferred Stock over redemption value		—			—			459			—
Less: Preferred stock dividends		—			(7	)		(14	)		(21	)
Net (loss) income applicable to common    stock	$	(1,410	)	$	241		$	(2,782	)	$	(3,684	)
Basic weighted average number of common    shares outstanding		10,844			10,799			10,817			10,791
Basic net (loss) income per common share	$	(0.13	)	$	0.02		$	(0.26	)	$	(0.34	)
Diluted (loss) income per common share
Net (loss) income applicable to common    stock	$	(1,410	)	$	241		$	(2,782	)	$	(3,684	)
Less: Excess of carrying value of Series C    Preferred Stock over redemption value		—			—			—			—
Add: Preferred stock dividends		—			7			—			—
Net (loss) income applicable to dilutive    common stock	$	(1,410	)	$	248		$	(2,782	)	$	(3,684	)
Basic weighted average number of common    shares outstanding		10,844			10,799			10,817			10,791
Effect of dilutive securities
Dilutive stock awards		—			178			—			—
Dilutive preferred share conversions		—			83			—			—
		—			261			—			—
Diluted weighted average number of common    shares outstanding		10,844			11,060			10,817			10,791
Diluted net (loss) income per common share	$	(0.13	)	$	0.02		$	(0.26	)	$	(0.34	)