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Earnings Per Share of Common Stock (Tables) | 6 Months Ended
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Jun. 30, 2023
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 June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | (In thousands, except share and per share data) |
Net income attributable to Broadway Financial Corporation |  | $ | 243 |  |  | $ | 1,854 |  |  | $ | 1,816 |  |  | $ | 2,812 |
Less net income attributable to participating securities |  |  | 4 |  |  |  | 12 |  |  |  | 27 |  |  |  | 18 |
Income available to common stockholders |  | $ | 239 |  |  | $ | 1,842 |  |  | $ | 1,789 |  |  | $ | 2,794 |
Weighted average common shares outstanding for basic earnings per common share |  |  | 69,470,113 |  |  |  | 72,527,974 |  |  |  | 70,177,588 |  |  |  | 72,292,735 |
Add: dilutive effects of unvested restricted stock awards |  |  | 1,025,840 |  |  |  | 461,047 |  |  |  | 1,041,188 |  |  |  | 467,890 |
Add: dilutive effects of assumed exercise of stock options |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 7,982 |
Weighted average common shares outstanding for diluted earnings per common share |  |  | 70,495,953 |  |  |  | 72,989,021 |  |  |  | 71,218,776 |  |  |  | 72,768,607 |
Earnings per common share - basic |  | $ | – |  |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.04 |
Earnings per common share - diluted |  | $ | – |  |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.04 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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