EXHIBIT 11

COMPUTATION OF PER SHARE EARNINGS

	Quarter Ended September 30,					Nine Months Ended September 30,
	2005			2004		2005			2004
Diluted net (loss) income per share:
Net (loss) income to common shareholders	$	(2,481,000	)	$	891,000	$	(3,944,000	)	$	(4,882,000	)
Average number of shares outstanding	7,957,428			8,380,173		8,089,692			8,490,376
Net effect of dilutive stock options based on treasury stock method	—			4,973		—			—
Total average shares	7,957,428			8,385,146		8,089,692			8,490,376
Diluted net (loss) income per share	$	(0.31	)	$	0.11	$	(0.49	)	$	(0.57	)