(Amounts in thousands except share and per share amounts)

Three Months Ended

September 30,

Nine months Ended

September 30,

2017

2016

2017

2016

Numerator for basic and diluted loss per share:

Net loss

$

(2,390

)

$

(2,431

)

$

(7,668

)

$

(6,822

)

Preferred dividends

(553

)

(317

)

(1,575

)

(986

)

Preferred stock exchange

(1,245

)

—

(1,245

)

—

Net loss available to common shareholders

$

(4,188

)

$

(2,748

)

$

(10,488

)

$

(7,808

)

Denominator for basic and dilutive loss per share – weighted-average shares outstanding

93,197,689

94,550,721

92,538,582

94,309,309

Net loss

$

(0.03

)

$

(0.03

)

$

(0.08

)

$

(0.07

)

Preferred dividends

(0.01

)

(0.00

)

(0.02

)

(0.01

)

Preferred stock exchange

(0.01

)

—

(0.01

)

—

Basic and diluted loss per share available to common shareholders

$

(0.05

)

$

(0.03

)

$

(0.11

)

$

(0.08

)