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Loss Per Common Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Loss Per Common Share
3. Loss Per Common Share
The following table sets forth the computation of basic and diluted loss per common share from continuing operations.
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016

2015
 
2016
 
2015
Numerator
 

 

 
 
 
 
Numerator for basic loss per common share - income (loss) from continuing operations
$
(32,471
)

$
(5,166
)
 
$
(52,478
)
 
$
2,489

Net income attributable to the noncontrolling interests
(1,059
)

(2,122
)
 
(3,172
)
 
(7,343
)
Net loss from continuing operations attributable to MDC Partners Inc. common shareholders
(33,530
)

(7,288
)
 
(55,650
)
 
(4,854
)
Effect of dilutive securities
—


—

 
—

 
—

Numerator for diluted loss per common share - loss attributable to MDC Partners Inc. common shareholders from continuing operations
$
(33,530
)

$
(7,288
)
 
$
(55,650
)
 
$
(4,854
)
Denominator




 


 


Denominator for basic loss per common share - weighted average common shares
52,244,819


49,915,807

 
50,861,890

 
49,843,980

Effect of dilutive securities
—


—

 
—

 
—

Denominator for diluted loss per common share - adjusted weighted shares and assumed conversions
52,244,819


49,915,807

 
50,861,890

 
49,843,980

Basic loss per common share from continuing operations
$
(0.64
)

$
(0.15
)
 
$
(1.09
)
 
$
(0.10
)
Diluted loss per common share from continuing operations
$
(0.64
)
 
$
(0.15
)

$
(1.09
)
 
$
(0.10
)

During the three and nine months ended September 30, 2016, options and other rights to purchase 918,260 shares of common stock, which includes 880,760 shares of non-vested restricted stock and restricted stock units, were outstanding and were excluded in the computation of diluted income per common share. The remaining contingent non-vested restricted stock and restricted stock units of 523,321 shares are also excluded from the diluted calculation since the contingency has not been met at September 30, 2016.
During the three and nine months ended September 30, 2015, options and other rights to purchase 942,574 shares of common stock, which includes 867,574 shares of non-vested restricted stock, were outstanding and were excluded in the computation of diluted income per common share.