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Summary Of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2014
Summary Of Significant Accounting Policies [Abstract]  
Earnings (Loss) Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

2014

 

2013

 

2014

 

2013

Basic

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss)

 

$

286 

 

$

(385)

 

$

170 

 

$

(1,749)

Dividends on Series B preferred stock

 

 

(174)

 

 

-  

 

 

(233)

 

 

-  

Earnings (loss) allocated to common stockholders

 

$

112 

 

$

(385)

 

$

(63)

 

$

(1,749)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding including unvested share-based payment awards

 

 

15,823,710 

 

 

15,823,677 

 

 

15,823,710 

 

 

15,823,805 

Less: Unvested share-based payment awards

 

 

-  

 

 

(33)

 

 

 

 

 

(210)

Average shares

 

 

15,823,710 

 

 

15,823,644 

 

 

15,823,710 

 

 

15,823,595 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share (1)

 

$

0.01 

 

$

(0.02)

 

$

0.00 

 

$

(0.11)

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) allocated to common stockholders

 

$

112 

 

$

(385)

 

$

(63)

 

$

(1,749)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic loss per common share

 

 

15,823,710 

 

 

15,823,644 

 

 

15,823,710 

 

 

15,823,595 

Add:  Dilutive effects of assumed exercises of stock options

 

 

7,444 

 

 

-  

 

 

-  

 

 

-  

Add:  Dilutive effects of assumed exercises of stock warrants

 

 

-  

 

 

-  

 

 

-  

 

 

-  

Average shares and dilutive potential common shares

 

 

15,831,154 

 

 

15,823,644 

 

 

15,823,710 

 

 

15,823,595 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share (2)

 

$

0.01 

 

$

(0.02)

 

$

0.00 

 

$

(0.11)

 

(1)

Basic earnings (loss) per share is less than $0.01 per share for the nine months ended September 30, 2014.

(2)

Diluted earnings (loss) per share is less than $0.01 per share for the three months ended September 30, 2014.

Anti-dilutive Average Common Shares

 

 

 

 

 

 

 

 

 

Three months ended September 30,

 

Nine months ended September 30,

 

2014

 

2013

 

2014

 

2013

Stock options

614,552 

 

247,216 

 

621,996 

 

247,216 

Series B preferred stock

6,857,143 

 

 -

 

6,857,143 

 

 -

Stock warrants

1,152,125 

 

 -

 

1,152,125 

 

 -