Three Months Ended
September 30,

Nine Months Ended
September 30,

2015

2014

2015

2014

Numerator

Net income (loss)

$

(9,890

)

$

3,676

$

(24,005

)

$

919

Preferred stock dividends

(138

)

(138

)

(414

)

(414

)

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

$

(10,028

)

$

3,538

$

(24,419

)

$

505

Denominator

Basic weighted average common shares

377,508

359,472

372,555

348,801

Dilutive warrants, stock options and restricted stock

—

2,790

—

5,872

Diluted weighted average common shares

377,508

362,262

372,555

354,673

Basic earnings (loss) per common share

Net income (loss) applicable to common shares

$

(0.03

)

$

0.01

$

(0.07

)

$

—

Diluted earnings (loss) per common share

Net income (loss) applicable to common shares

$

(0.03

)

$

0.01

$

(0.07

)

$

—