Net Loss Per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

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):



	Year Ended December 31,
	2016			2015			2014
Numerator:
Net loss	$	(85,482	)	$	(2,231	)	$	(18,708	)
Less: Accretion of dividends on the redeemable convertible preferred stock	—			—			(12,884		)
Less: net loss attributable to noncontrolling interest	2,524			958			—
Net loss attributable to On Deck Capital, Inc. common stockholders	$	(82,958	)	$	(1,273	)	$	(31,592	)
Denominator:
Weighted-average common shares outstanding, basic and diluted	70,934,937			69,545,238			52,556,998
Net loss per common share, basic and diluted	$	(1.17	)	$	(0.02	)	$	(0.60	)

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 shares outstanding because the effect is anti-dilutive for the periods presented:



	Year Ended December 31,
	2016	2015	2014
Anti-Dilutive Common Share Equivalents
Warrants to purchase common stock	22,000	309,792	309,792
Restricted stock units	3,888,768	1,853,452	88,418
Stock options	11,426,296	10,711,321	10,371,469
Employee stock purchase program	243,208	—	—
Total anti-dilutive common share equivalents	15,580,272	12,874,565	10,769,679