Net Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31,
	2017			2016
Numerator:
Net loss	$	(11,602	)	$	(13,141	)
Less: net loss attributable to noncontrolling interest	544			568
Net loss attributable to On Deck Capital, Inc. common stockholders	$	(11,058	)	$	(12,573	)
Denominator:
Weighted-average common shares outstanding, basic and diluted	71,854,287			70,366,877
Net loss per common share, basic and diluted	$	(0.15	)	$	(0.18	)

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:



	Three Months Ended March 31,
	2017	2016
Anti-Dilutive Common Share Equivalents
Warrants to purchase common stock	22,000	22,000
Restricted stock units	3,487,022	3,029,299
Stock options	10,056,752	10,714,645
Employee stock purchase program	51,491	43,617
Total anti-dilutive common share equivalents	13,617,265	13,809,561