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Basic and Diluted Earnings Per Common Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share

8. Basic and Diluted Earnings Per Common Share

 

Basic earnings per share excludes the dilutive effects of options, warrants and other convertible securities. Diluted earnings per share reflects the potential dilutions of securities that could share in the Company’s earnings. Options, warrants and convertible preferred stock representing approximately 13,570,000 and 13,978,000 shares were excluded from the computations of diluted net loss per common share for the years ended December 31, 2015 and 2014, respectively, as their effect was anti-dilutive.