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EARNINGS (LOSS) PER SHARE | 3 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | EARNINGS (LOSS) PER SHARE The calculation of basic earnings (loss) per share (“EPS”) and diluted EPS are presented below:
|  | Three months ended September 30,
($ in thousands, except per share data) |  | 2019 |  | 2018
Numerator for basic and diluted loss per share |  |  |  |
Net loss |  | $ | (12,897 | ) |  | $ | (6,320 | )
Preferred dividends |  | (334 | ) |  | (334 | )
Net loss available to common shareholders |  | $ | (13,231 | ) |  | $ | (6,654 | )
Denominator for basic loss per share - Weighted average shares outstanding |  | 60,096,852 |  |  | 60,053,912 |
Effect of dilutive potential common shares |  | — |  |  | — |
Denominator for diluted loss per share - Adjusted weighted average shares outstanding |  | 60,096,852 |  |  | 60,053,912 |
Basic loss per share |  | $ | (0.22 | ) |  | $ | (0.11 | )
Diluted loss per share |  | $ | (0.22 | ) |  | $ | (0.11 | )
Anti-dilutive shares excluded from the calculation of diluted loss per share were 1,293,317 for the three months ended September 30, 2019 and 1,420,301 for the three months ended September 30, 2018.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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