Per Share Data |
12 Months Ended |
|---|---|
Dec. 31, 2019 | |
| Earnings Per Share [Abstract] | |
| Per Share Data |
Per Share Data
Basic net income (loss) per common share is computed by dividing net income (loss) attributable to the Company, decreased with respect to net income or increased with respect to net loss by dividends declared on preferred stock by using the weighted-average number of common shares outstanding. The dilutive effect of incremental common shares potentially issuable under outstanding options, warrants and unvested restricted stock is included in diluted earnings per share utilizing the treasury stock method. There was no difference between the basic and diluted common shares as the net loss attributable to the shareholders of the Company made the effect of any potential dilutive shares anti-dilutive.
During 2019, 2018 and 2017, options, warrants and unvested restricted stock to purchase 22,105,065, 25,107,164 and 32,501,007 common shares, respectively, were not included in the computation of diluted income (loss) per share as the effect would be anti-dilutive.
All outstanding restricted stock awards of the Company (a “Company Restricted Share”) were accelerated with each holder receiving cash equal to the product of (i) the number of common shares underlying such Company Restricted Share award and (ii) $3.50 cash per common share.
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