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Basic and Diluted Net Loss per Common Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Common Share
Basic and Diluted Net Loss per Common Share
The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share:
(in thousands, except per share amounts)
Years Ended December 31,
Historical
2018
 
2017
 
2016
Numerator:
 
 
 
 
 
Net loss attributable to common stockholders
$
(348,995
)
 
$
(284,002
)
 
$
(200,042
)
Denominator:
 
 
 
 
 
Weighted average common shares outstanding — basic and diluted
185,790,021

 
153,355,144

 
134,401,588


Dilutive common stock equivalents would include the dilutive effect of common stock options, convertible debt units, RSUs and warrants for common stock equivalents. Potentially dilutive common stock equivalents were excluded from the diluted earnings per share denominator for all periods because of their anti-dilutive effect. For the year ended 2018 there was 40.9 million potential common shares outstanding as a result of the convertible debt that was excluded from the diluted net loss per share calculation because their effect would have been anti-dilutive.

The table below presents potential shares of common stock that were excluded from the computation as they were anti-dilutive using the treasury stock method:
 
Year ended December 31,
(in thousands)
2018
 
2017
 
2016
Options to purchase common stock
15,810

 
15,181

 
15,528

Convertible debt
40,850

 
40,850

 
40,850

Outstanding warrants, convertible to common stock
2,657

 
3,110

 
3,110

Unvested restricted stock units
3,712

 
2,575

 
744

Vested restricted stock units, unissued
91

 
50

 

Total number of potentially issuable shares
63,120

 
61,766

 
60,232