Net Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31,
	2017			2016
Basic net loss per common share
Net loss	$	(1,441	)	$	(1,643	)
Less: Preferred stock dividends		(7	)		(7	)
Net loss applicable to common stock	$	(1,448	)	$	(1,650	)
Basic weighted average number of common shares    outstanding		10,803			10,789
Basic net loss per common share	$	(0.13	)	$	(0.15	)
Diluted loss per common share
Net loss applicable to common stock	$	(1,448	)	$	(1,650	)
Add: Preferred stock dividends		7			7
Net loss applicable to dilutive common stock	$	(1,441	)	$	(1,643	)
Basic weighted average number of common shares    outstanding		10,803			10,789
Effect of dilutive securities
Diluted weighted average number of common shares    outstanding		10,803			10,789
Diluted net loss per common share	$	(0.13	)	$	(0.15	)