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EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
The reconciliation of the numerators and denominators of the basic and diluted EPS is as follows:
 
 
 
Three Months Ended
 
Six Months Ended
 
(Amounts in thousands,
 
June 30,
 
June 30,
 
except per share data)
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income/(loss)
 
$
(1,126)
 
$
(4,139)
 
$
(1,004)
 
$
(4,429)
 
Less:
 
 
 
 
 
 
 
 
 
 
 
 
 
Preferred stock dividends
 
 
(250)
 
 
(250)
 
 
(500)
 
 
(500)
 
Accretion on preferred stock discount
 
 
(13)
 
 
(13)
 
 
(27)
 
 
(27)
 
Net income (loss) available to common shareholders
 
$
(1,389)
 
$
(4,402)
 
$
(1,531)
 
$
(4,956)
 
Weighted average common shares
 
 
4,806
 
 
4,767
 
 
4,797
 
 
4,764
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares
 
 
4,806
 
 
4,767
 
 
4,797
 
 
4,764
 
Dilutive effect of stock options and warrants
 
 
-
 
 
-
 
 
-
 
 
-
 
Weighted average common and incremental shares
 
 
4,806
 
 
4,767
 
 
4,797
 
 
4,764
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (Loss) Per Common Share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
(0.29)
 
$
(0.92)
 
$
(0.32)
 
$
(1.04)
 
Diluted
 
$
(0.29)
 
$
(0.92)
 
$
(0.32)
 
$
(1.04)