Loss Per Share
 12 Months Ended
Dec. 31, 2013
Income (loss) Per Share [Abstract]  
Earnings Per Share
Loss Per Share

The following table provides a reconciliation of the denominators of the Company’s reported basic and diluted loss per share computations for the years ended December 31:

 
2013
 
2012
Weighted average number of common and common
  equivalent shares outstanding – basic
9,176,438

 
8,579,027

Add:  Net additional common shares upon assumed
    exercise of common stock options
—

 
—

Weighted average number of common and common
    equivalent shares outstanding – diluted
9,176,438

 
8,579,027



For the years ended December 31, 2013 and 2012, 4,842 and 1,490 shares of common stock, respectively, issuable relative to stock options were excluded from the calculation of diluted shares because their inclusion would have been anti-dilutive, due to the Company's net loss position.

In addition, for the years ended December 31, 2013 and 2012, 485,246 and 624,446 shares of common stock, respectively, issuable relative to stock options were excluded from the calculation of diluted shares because their inclusion would have been anti-dilutive, due to the Company's exercise prices exceeding the average market price of the stock for the period.