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Loss Per Share
 3 Months Ended
Mar. 31, 2017
Loss Per Share
Note 8 — Loss Per Share
 
The following table is a reconciliation of the weighted average shares used in the computation of loss per share for the periods presented (in thousands, except per share data):

 
  
Three Months Ended March 31,
  
   
2017
    
2016
  
   
Loss
    
Weighted Average
Shares
    
Per-Share
    
Loss
    
Weighted Average
Shares
    
Per-Share
  
Loss per share — basic and diluted
                                    
Net loss available to common stockholders
  
$
(18,316
)
    
18,104
    
$
(1.01
)
  
$
(17,415
)
    
17,218
    
$
(1.01
)

Basic loss per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of warrants, options, restricted stock awards, restricted stock units and convertible debt to the extent they are dilutive). The weighted average number of common shares outstanding excludes shares repurchased pursuant to a prepaid forward share repurchase agreement (see Note 9). Common share equivalents that could potentially dilute basic earnings per share in the future, which were excluded from the computation of diluted earnings per share due to being anti-dilutive, totaled approximately 22,969,239 and 25,081,819 for the three months ended March 31, 2017 and 2016, respectively.