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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months Ended
March 31,
 
 
 
2018
 
2017
 
 
 
(In thousands, except per share data)
 
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
 
$
1,529
 
$
1,047
 
Less: Income allocated to unvested participating securities
 
 
26
 
 
19
 
Income from continuing operations available to common stockholders
 
$
1,503
 
$
1,028
 
 
 
 
 
 
 
 
 
Income from discontinued operations
 
$
 
$
891
 
Less: Income allocated to unvested participating securities
 
 
 
 
16
 
Income from discontinued operations available to common stockholders
 
$
 
$
875
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
1,503
 
$
1,903
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share— weighted average shares
 
 
5,842
 
 
5,790
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Common stock equivalents
 
 
 
 
12
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,842
 
 
5,802
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
 
 
From continuing operations
 
$
0.26
 
$
0.18
 
From discontinued operations
 
 
 
 
0.15
 
Basic earnings per share
 
$
0.26
 
$
0.33
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
From continuing operations
 
$
0.26
 
$
0.18
 
From discontinued operations
 
 
 
 
0.15
 
Diluted earnings per share
 
$
0.26
 
$
0.33