Three Months Ended
September 30,

Nine Months Ended
September 30,

2014

2013

2014

2013

Numerator

Net income (loss)

$

3,676

$

(8,458

)

$

919

$

(22,222

)

Preferred stock dividends

(138

)

(138

)

(414

)

(414

)

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

$

3,538

$

(8,596

)

$

505

$

(22,636

)

Denominator

Basic weighted average common shares

359,472

342,638

348,801

310,601

Dilutive warrants, stock options and restricted stock

2,790

—

5,872

—

Diluted weighted average common shares

362,262

342,638

354,673

310,601

Basic earnings (loss) per common share

Net income (loss) applicable to common shares

$

0.01

$

(0.03

)

$

—

$

(0.07

)

Diluted earnings (loss) per common share

Net income (loss) applicable to common shares

$

0.01

$

(0.03

)

$

—

$

(0.07

)