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Loss Per Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Loss Per Share

2.

Loss Per Share

The following table sets forth the computation of basic and diluted loss per share under the two-class method:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator for basic and diluted loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(19,950

)

 

$

(13,898

)

 

$

(64,930

)

 

$

(59,504

)

Effect of reallocating undistributed earnings

   of participating securities

 

 

 

 

 

 

 

 

 

 

 

 

Net loss available under the two-class method

 

$

(19,950

)

 

$

(13,898

)

 

$

(64,930

)

 

$

(59,504

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic loss per share--weighted-average

   shares

 

 

24,770,252

 

 

 

23,008,922

 

 

 

23,651,332

 

 

 

22,994,445

 

Effect of dilutive potential common shares

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted loss per share--adjusted

   weighted-average shares

 

 

24,770,252

 

 

 

23,008,922

 

 

 

23,651,332

 

 

 

22,994,445

 

Basic loss per share

 

$

(0.81

)

 

$

(0.60

)

 

$

(2.75

)

 

$

(2.59

)

Diluted loss per share

 

$

(0.81

)

 

$

(0.60

)

 

$

(2.75

)

 

$

(2.59

)