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Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Earnings per share has been computed in accordance with the Earnings Per Share Topic of the ASC. Basic earnings per share of the Company is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period. Except when the effect would be anti-dilutive, the diluted earnings per share calculation calculated using the treasury stock method includes the impact of stock units, shares of non-vested restricted stock and shares that could be issued under outstanding stock options.
The following table provides a reconciliation of the common shares used for basic earnings per share and diluted earnings per share:
 
Three Months Ended March 31,
 
2014
 
2013
Weighted average number of common shares used for basic earnings per share (a)
26,392,179

 
26,147,384

Effect of potential dilutive shares (b)
—

 
—

Weighted average number of common shares and potential dilutive shares used for diluted earnings per share
26,392,179

 
26,147,384

Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation (c)
5,696,534

 
5,348,940

(a)
Weighted average number of common shares used for basic earnings per share excludes 242,409 and 285,060 weighted average shares of non-vested restricted stock as of the three months ended March 31, 2014 and 2013, respectively. Non-vested restricted stock is included in common shares issued and outstanding in the condensed consolidated balance sheets.
(b)
Since the Company incurred a loss for the three months ended March 31, 2014 and 2013, all potentially dilutive securities are anti-dilutive for these periods and, therefore, are excluded from the determination of diluted earnings per share.
(c)
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation include warrants, non-vested restricted stock and stock options issued under the FairPoint Communications, Inc. 2010 Long Term Incentive Plan.