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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic (loss) earnings per common share and (loss) earnings per diluted common share available to Validus common shareholders for the years ended December 31, 2017, 2016 and 2015:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Basic (loss) earnings per common share
 
 
 
 
 
Net (loss) income (attributable) available to Validus common shareholders
$
(63,483
)
 
$
359,384

 
$
374,893

Less: Dividends on outstanding warrants

 

 
(3,566
)
Net (loss) income allocated to Validus common shareholders
(63,483
)
 
359,384

 
371,327

Weighted average number of common shares outstanding
79,091,376

 
81,041,974

 
83,107,236

Basic (loss) earnings per share (attributable) available to Validus common shareholders
$
(0.80
)
 
$
4.43

 
$
4.47

 
 
 
 
 
 
(Loss) earnings per diluted common share
 
 
 
 
 
Net (loss) income (attributable) available to Validus common shareholders
$
(63,483
)
 
$
359,384

 
$
374,893

 
 
 
 
 
 
Weighted average number of common shares outstanding
79,091,376

 
81,041,974

 
83,107,236

Share equivalents:
 
 
 
 
 
Warrants

 

 
2,090,248

Stock options

 
28,196

 
151,867

Unvested restricted shares

 
1,289,290

 
1,077,409

Weighted average number of diluted common shares outstanding
79,091,376

 
82,359,460

 
86,426,760

(Loss) earnings per diluted common share (attributable) available to Validus common shareholders
$
(0.80
)
 
$
4.36

 
$
4.34