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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted loss per share for the three and nine months ended September, 2014 and 2013 is as follows:

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) applicable to common stockholders

$

258

 

 

$

(738

)

 

$

(6,724

)

 

$

(2,758

)

Weighted average shares outstanding – basic

 

31,215,799

 

 

 

31,148,234

 

 

 

31,186,252

 

 

 

31,148,234

 

Net loss per share – basic

$

0.01

 

 

$

(0.02

)

 

$

(0.22

)

 

$

(0.09

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income (loss) applicable to common stockholders

$

258

 

 

$

(738

)

 

$

(6,724

)

 

$

(2,758

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

31,215,799

 

 

 

31,148,234

 

 

 

31,186,252

 

 

 

31,148,234

 

Dilutive securities

 

 

 

 

 

 

 

Weighted average shares outstanding – diluted

 

31,215,799

 

 

 

31,148,234

 

 

 

31,186,252

 

 

 

31,148,234

 

Net income (loss) per share – diluted

$

0.01

 

 

$

(0.02

)

 

$

(0.22

)

 

$

(0.09

)