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Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2024
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 March 31,
 
   
2024
   
2023
 
   
(Dollars in thousands, except
per share data)
 
Net (loss) income attributable to Broadway Financial Corporation
 
$
(164
)
 
$
1,573
 
Less net income attributable to participating securities
   
4
     
7
 
(Loss) income available to common stockholders
 
$
(168
)
 
$
1,566
 
                 
Weighted average common shares outstanding for basic earnings per common share(1)
   
8,229,774
     
8,930,270
 
Add: dilutive effects of unvested restricted stock awards(1)     182,998       40,378  
Weighted average common shares outstanding for diluted earnings per common share(1)
   
8,412,772
     
8,970,648
 
                 
(Loss) earnings per common share - basic(1)
 
$
(0.02
)
 
$
0.18
 
(Loss) earnings per common share - diluted(1)
 
$
(0.02
)
 
$
0.17
 
(1) Retroactively adjusted, as applicable, for the 1-for-8 reverse stock split effective November 1, 2023 - see Note 1