Net Loss Per Common Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted net loss per common share is calculated as follows (in thousands, except share and per share data):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2016			2015		2016			2015
Numerator:
Net income (loss)	$	(17,173	)	$	3,507	$	(49,022	)	$	2,912
Less: net loss attributable to noncontrolling interest	539			226		1,920			458
Net income (loss) attributable to On Deck Capital, Inc. common stockholders	$	(16,634	)	$	3,733	$	(47,102	)	$	3,370
Denominator:
Weighted-average common shares outstanding:
Basic	70,971,895			69,678,742		70,750,037			69,472,636
Weighted-average effect of dilutive securities:
Stock options	—			5,151,449		—			5,607,795
Restricted stock and RSU's	—			16,531		—			52,229
Employee stock purchase program	—			—		—			—
Warrants to purchase common stock	—			279,018		—			281,688
Diluted weighted-average common shares outstanding	70,971,895			75,125,740		70,750,037			75,414,348
Net income (loss) attributable to On Deck Capital, Inc. common stockholders per common share:
Basic	$	(0.23	)	$	0.05	$	(0.67	)	$	0.05
Diluted	$	(0.23	)	$	0.05	$	(0.67	)	$	0.04

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalent securities have been excluded from the calculation of weighted-average common stock outstanding because the effect is anti-dilutive for the periods presented: 

	Three Months Ended September 30,		Nine Months Ended September 30,
	2016	2015	2016	2015
Anti-Dilutive Common Share Equivalents
Warrants to purchase common stock	22,000	22,000	22,000	309,792
Restricted stock units	4,225,480	1,120,030	4,225,480	1,163,580
Employee stock purchase program	40,706	18,176	40,706	18,176
Stock options	11,997,551	5,344,263	11,997,551	10,928,551
Total anti-dilutive common share equivalents	16,285,737	6,504,469	16,285,737	12,420,099