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EARNINGS PER SHARE (''EPS'') | 3 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE ("EPS") | EARNINGS PER SHARE ("EPS") The computations of basic EPS are based on our weighted average shares outstanding. The basic weighted average number of shares of Common Stock outstanding was 14,598,000 for each of the three months ended March 31, 2020 and 2019. In order to calculate the diluted weighted average number of shares of Common Stock outstanding for the three months ended March 31, 2020 and 2019, the basic weighted average number of shares of Common Stock outstanding was increased by 1,000 and 647,000, respectively, to reflect the dilutive effect of certain shares of our Series A Preferred Stock. No shares of Series D Preferred Stock outstanding as of March 31, 2020 had a dilutive effect, and no shares of Series D Preferred Stock were outstanding as of March 31, 2019. Outstanding Series A Preferred Warrants were not included in the computation of diluted EPS for the three months ended March 31, 2020 and 2019 because their impact was either anti-dilutive or such warrants were not exercisable during such periods (Note 11). Outstanding shares of Series L Preferred Stock were not included in the computation of diluted EPS for the three months ended March 31, 2020 and 2019 because such shares were not redeemable during such periods. EPS for the year-to-date period may differ from the sum of quarterly EPS amounts due to the required method for computing EPS in the respective periods. In addition, EPS is calculated independently for each component and may not be additive due to rounding. The following table reconciles the numerator and denominator used in computing our basic and diluted per-share amounts for net (loss) income attributable to common stockholders for the three months ended March 31, 2020 and 2019:
| Three Months Ended March 31,
| 2020 |  | 2019
| (in thousands, except per share amounts)
Numerator: |  |  |
Net (loss) income attributable to common stockholders | $ | (6,787 | ) |  | $ | 287,631 |
Redeemable preferred stock dividends declared on dilutive shares | (1 | ) |  | 492 |
Diluted net (loss) income attributable to common stockholders | $ | (6,788 | ) |  | $ | 288,123 |
Denominator: |  |  |
Basic weighted average shares of Common Stock outstanding | 14,598 |  |  | 14,598 |
Effect of dilutive securities—contingently issuable shares | 1 |  |  | 647 |
Diluted weighted average shares and common stock equivalents outstanding | 14,599 |  |  | 15,245 |
Net (loss) income attributable to common stockholders per share: |  |  |
Basic | $ | (0.46 | ) |  | $ | 19.70 |
Diluted | $ | (0.46 | ) |  | $ | 18.90 |

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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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