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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings (Loss) Per Share [Abstract]  
Schedule Of Weighted Average Number Of Shares Of Common Stock Used In Diluted Earnings (Loss) Per Share

    For the Years Ended December 31,  
(amounts in thousands, except for per share)   2013     2012     2011  
          (as restated)        
NUMERATOR:                  
Net income (loss) applicable to common stock before participating securities $ (671 ) $ (10,914 ) $ (2,946 )
Less: income applicable to participating securities (1)   -     -     -  
Net income (loss) applicable to common stock $ (671 ) $ (10,914 ) $ (2,946 )
 
DENOMINATOR:                  
Weighted average shares of common stock                  
used in basic earnings per share   6,112     5,712     5,425  
Effects of puttable common stock (2)   -     -     11  
Weighted average shares outstanding - Basic and Diluted (3)   6,112     5,712     5,436  
EPS:                  
Net earnings (loss) per share - Basic and Diluted $ (0.11 ) $ (1.91 ) $ (0.54 )

 

(1) For the years ended December 31, 2013, 2012 and 2011, the Company had 0.3 million, 0.1 million and 0.1 million, respectively, of nonvested participating securities. As the participating securities do not participate in losses, there was no allocation of loss for the years ended December 31, 2013, 2012 and 2011.

(2) Included in the weighted average shares of common stock – basic for 2012 and 2011 were puttable common shares that arose from the Alteva, LLC acquisition in August 2011. During the second half of 2012, all of the puttable shares were either exercised or the put option was terminated and are no longer outstanding.

(3) For the year ended December 31, 2013, 0.2 million potentially dilutive shares related to out of the money common stock options were excluded from EPS, as their effect was anti-dilutive. The effects for the years ended December 31, 2012 and 2011 were nominal.