Three Months Ended
June 30,

Six Months Ended
June 30,

2014

2013

2014

2013

Numerator

Net loss

$

(14,399

)

$

(24,858

)

$

(2,758

)

$

(13,764

)

Preferred stock dividends

(138

)

(138

)

(276

)

(276

)

Net loss applicable to common shares for basic and diluted earnings per share

$

(14,537

)

$

(24,996

)

$

(3,034

)

$

(14,040

)

Denominator

Basic weighted average common shares

344,216

303,566

343,437

294,317

Dilutive stock options and restricted stock

—

Diluted weighted average common shares

344,216

303,566

343,437

294,317

Basic loss per common share

Net loss applicable to common shares

$

(0.04

)

$

(0.08

)

$

(0.01

)

$

(0.05

)

Diluted loss per common share

Net loss applicable to common shares

$

(0.04

)

$

(0.08

)

$

(0.01

)

$

(0.05

)