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Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings (Loss) Per Common Share [Abstract]  
Schedule of Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per common share (in thousands, except share and per share data.):

 

                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
     2012     2011     2012     2011  

Net income (loss) attributable to common stockholders

  $ 761     $ (727)     $ 1,095     $ (1,049)  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average basic shares

    7,913,266       7,821,646       7,885,458       7,800,060  

Dilutive effect of stock options and restricted stock units (1)

    333,765       —         357,517       —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total weighted average diluted shares with assumed conversions

    8,247,031       7,821,646       8,242,975       7,800,060  
   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per common share:

                               

Basic

  $ 0.10     $ (0.09)     $ 0.14     $ (0.13)  
   

 

 

   

 

 

   

 

 

   

 

 

 

Dilutive

  $ 0.09     $ (0.09)     $ 0.13     $ (0.13)  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) For the three months ended and six months ended June 30, 2011, these items were excluded from diluted earnings (loss) per common share as the effect would have been anti-dilutive.