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Net Loss Per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share

Basic net income (loss) per share is computed by dividing net loss available to common stockholders by the weighted average number of shares of common stock outstanding during the period. The weighted-average number shares of common stock outstanding does not include any potentially dilutive securities or any unvested restricted shares of common stock. These unvested restricted shares, although classified as issued and outstanding at June 30, 2016 and 2015, are considered contingently returnable until the restrictions lapse and will not be included in the basic earnings per share calculation until the shares are vested. Unvested shares of our restricted stock do not contain non-forfeitable rights to dividends and dividend equivalents. Unvested restricted stock units are not included in calculations of basic net loss per share, as they are not considered issued and outstanding at time of grant.

Diluted net loss per share includes the effect of all potentially dilutive securities on earnings per share. The difference between basic and diluted weighted average shares outstanding was the dilutive effect of unvested restricted stock, unvested restricted stock units, stock options, and preferred stock. For the three and six months ended June 30, 2016 and 2015, diluted net loss per share is the same as basic net loss per share due to the Company’s net loss attributable to common stockholders and the potential shares of common stock that could have been issuable have been excluded from the calculation of diluted net loss per share because the effects, as a result of our net loss attributable to common stockholders, would be anti-dilutive.

The following table represents a reconciliation of the basic and diluted net loss per share computations contained in our condensed consolidated financial statements (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Net loss
$
(605
)
 
$
(269
)
 
$
(1,316
)
 
$
(503
)
Less: preferred stock dividends
3

 
5

 
6

 
10

Net loss attributable to common stockholders
$
(608
)
 
$
(274
)
 
$
(1,322
)
 
$
(513
)

 
 
 
 
 
 
 
   Weighted average shares outstanding - basic and diluted
35,492

 
35,400

 
35,474

 
35,466

Basic and diluted net loss per share
$
(0.02
)
 
$
(0.01
)
 
$
(0.04
)
 
$
(0.01
)