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Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Components of Loss per Common Share
The following table is a summary of computation of loss per common share based on the weighted average number of common shares outstanding (dollars in thousands, except per share amounts):
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Net loss
 
$
(2,903
)
 
$
(669
)
 
$
(8,733
)
 
$
(308
)
Dividends on preferred stock
 
810

 
810

 
1,620

 
1,620

Adjusted net loss available to common shareholders
 
$
(3,713
)
 
$
(1,479
)
 
$
(10,353
)
 
$
(1,928
)
Weighted average number of common shares outstanding used in computation of basic loss per common share
 
16,724

 
16,526

 
16,699

 
16,511

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options
 

 
3

 

 
3

Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted loss per share
 
16,724

 
16,529

 
16,699

 
16,514

Net loss per common share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.22
)
 
$
(0.09
)
 
$
(0.62
)
 
$
(0.12
)
Diluted
 
$
(0.22
)
 
$
(0.09
)
 
$
(0.62
)
 
$
(0.12
)