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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013
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Current Assets: |  |
Accounts receivable, allowances | $ 43 us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent | $ 42 us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent
Stockholders' Equity: |  |
Common stock, par value (in dollars per share) | $ 0.01 us-gaap_CommonStockParOrStatedValuePerShare | $ 0.01 us-gaap_CommonStockParOrStatedValuePerShare
Common stock, shares authorized (in shares) | 10,000,000 us-gaap_CommonStockSharesAuthorized | 10,000,000 us-gaap_CommonStockSharesAuthorized
Common stock, shares issued (in shares) | 2,696,201 us-gaap_CommonStockSharesIssued | 2,674,448 us-gaap_CommonStockSharesIssued
Common stock, shares outstanding (in shares) | 2,616,485 us-gaap_CommonStockSharesOutstanding | 2,594,784 us-gaap_CommonStockSharesOutstanding
Treasury Stock, Shares | 79,716 lgl_TreasuryStockCommonShares | 79,664 lgl_TreasuryStockCommonShares

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- Definition A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 4 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5074-111524 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Face amount or stated value per share of common stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 + Details
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 + Details
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