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LOSS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings (Loss) Per Share
The calculation of basic and diluted loss per share for the three months ended March 31, 2016 and 2015 is as follows:
 
 
 
Three months ended
 
 
 
March 31,
 
 
 
2016
 
2015
 
Basic:
 
 
 
 
 
 
 
Net loss applicable to common stockholders
 
$
(444)
 
$
(896)
 
Weighted average shares outstanding – basic
 
 
31,271,234
 
 
31,271,234
 
Net loss per share – basic
 
$
(0.01)
 
$
(0.03)
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Net loss applicable to common stockholders
 
$
(444)
 
$
(896)
 
Weighted average shares outstanding – basic
 
 
31,271,234
 
 
31,271,234
 
Dilutive securities
 
 
-
 
 
-
 
Weighted average shares outstanding – diluted
 
 
31,271,234
 
 
31,271,234
 
Net loss per share – diluted
 
$
(0.01)
 
$
(0.03)