Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (dollars in thousands, except per share amounts):



	Three Months Ended March 31,
	2016			2015
Net income (loss) attributable to Conifer	$	(2,028	)	$	463
Preferred stock dividends	—			152
Paid-in-kind dividends	—			61
Net income (loss) allocable to common shareholders	$	(2,028	)	$	250

Weighted average common shares, basic and diluted*	7,638,780			4,040,872

Earnings (loss) per share allocable to common, basic and diluted	$	(0.27	)	$	0.06

* The nonvested shares of the restricted stock units were anti-dilutive as of March 31, 2016. Therefore, the basic and and diluted weighted average common shares are equal as of March 31, 2016.