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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted loss per share for the three and six months ended June, 2014 and 2013 is as follows:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,

 

 

June 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss applicable to common stockholders

$

(5,553

)

 

$

(1,716

)

 

$

(6,983

)

 

$

(2,020

)

Weighted average shares outstanding – basic

 

31,171,234

 

 

 

31,148,234

 

 

 

31,171,234

 

 

 

31,148,234

 

Net loss per share – basic

$

(0.18

)

 

$

(0.06

)

 

$

(0.22

)

 

$

(0.06

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss applicable to common stockholders

$

(5,553.00

)

 

$

(1,716.00

)

 

$

(6,983.00

)

 

$

(2,020.00

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

31,171,234

 

 

 

31,148,234

 

 

 

31,171,234

 

 

 

31,148,234

 

Dilutive securities

 

 

 

 

 

 

 

Weighted average shares outstanding – diluted

 

31,171,234

 

 

 

31,148,234

 

 

 

31,171,234

 

 

 

31,148,234

 

Net loss per share – diluted

$

(0.18

)

 

$

(0.06

)

 

$

(0.22

)

 

$

(0.06

)