Net Loss Per Common Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Loss Per Common Share and Common Share Equivalents

The calculation of basic and diluted loss per common share and common share equivalents is as follows (in thousands except for per share data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
	(As Restated)			(As Restated)			(As Restated)			(As Restated)
Basic loss per common share
Net loss	$	(2,268	)	$	(906	)	$	(3,911	)	$	(888	)
Less: Preferred stock dividends		(7	)		(7	)		(14	)		(14	)
Net loss applicable to common stock	$	(2,275	)	$	(913	)	$	(3,925	)	$	(902	)
Basic weighted average number of common shares outstanding		10,789			10,758			10,789			10,754
Basic net loss per common share	$	(0.21	)	$	(0.08	)	$	(0.36	)	$	(0.08	)
Diluted loss per common share
Net loss applicable to common stock	$	(2,275	)	$	(913	)	$	(3,925	)	$	(902	)
Add: Preferred stock dividends		7			7			14			14
Net loss applicable to dilutive common stock	$	(2,268	)	$	(906	)	$	(3,911	)	$	(888	)
Basic weighted average number of common shares outstanding		10,789			10,758			10,789			10,754
Effect of dilutive securities		—			—			—			—
Diluted weighted average number of common shares outstanding		10,789			10,758			10,789			10,754
Diluted net loss per common share	$	(0.21	)	$	(0.08	)	$	(0.36	)	$	(0.08	)