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Earnings Per Share of Common Stock (Tables)
 9 Months Ended
Sep. 30, 2023
Earnings Per Share of Common Stock [Abstract]  
Basic and Diluted Earnings Per Share of Common Stock

The following table shows how the Company computed basic and diluted earnings per share of common stock for the periods indicated: 
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2023
    
2022
     2023     2022  
   
(In thousands, except share and per share data)
  
Net income attributable to Broadway Financial Corporation
  
$
91
    
$
1,318
     $ 1,907     $ 4,130  
Less net income attributable to participating securities
    
1
      
7
       27       25  
Income available to common stockholders
  
$
90
    
$
1,311
     $ 1,880     $ 4,105  
                                 
Weighted average common shares outstanding for basic earnings per common share(1)
    
8,709,301
      
9,069,410
       8,756,189       9,048,363  
Add: dilutive effects of unvested restricted stock awards(1)
   
116,493
      
51,069
       123,004
       55,269
  
Add: dilutive effects of assumed exercise of stock options(2)
    –       –       –       –  
Weighted average common shares outstanding for diluted earnings per common share(1)
    
8,825,794
      
9,120,479
       8,879,193       9,103,632  
                                 
Earnings per common share - basic(1)
  
$
0.01
    
$
0.14
     $ 0.21     $ 0.45  
Earnings per common share - diluted(1)
  
$
0.01
    
$
0.14
     $ 0.21     $ 0.45  
(1) Retroactively adjusted for the 1-for-8 reverse stock split effective November 1, 2023 - see Note 1
(2) Excluding 31,250 anti-dilutive vested stock options