Gladstone Commercial Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Loss per Share of Common Stock

Loss per Share of Common Stock

12 Months Ended

Dec. 31, 2015

3. Loss per Share of Common Stock

The following tables set forth the computation of basic and diluted loss per share of common stock for the years ended December 31, 2015, 2014, and 2013, respectively. We computed basic loss per share for the years ended December 31, 2015, 2014, and 2013, respectively, using the weighted average number of shares outstanding during the periods. Diluted loss per share for the years ended December 31, 2015, 2014, and 2013, reflects additional shares of common stock related to our convertible Senior Common Stock (if the effect would be dilutive), that would have been outstanding if dilutive potential shares of common stock had been issued, as well as an adjustment to net income available to common stockholders as applicable to common stockholders that would result from their assumed issuance (dollars in thousands, except per share amounts).


	For the year ended December 31,
	2015			2014			2013
Calculation of basic loss per share of common stock:
Net loss attributable to common stockholders	$	(1,505	)	$	(10,538	)	$	(2,867	)
Denominator for basic weighted average shares of common stock		21,159,597			17,253,503			13,164,244

Basic loss per share of common stock	$	(0.07	)	$	(0.61	)	$	(0.22	)

Calculation of diluted loss per share of common stock:
Net loss attributable to common stockholders	$	(1,505	)	$	(10,538	)	$	(2,867	)

Net loss attributable to common stockholders plus assumed conversions (1)	$	(1,505	)	$	(10,538	)	$	(2,867	)
Denominator for basic weighted average shares of common stock		21,159,597			17,253,503			13,164,244

Denominator for diluted weighted average shares of common stock (1)		21,159,597			17,253,503			13,164,244

Diluted loss per share of common stock	$	(0.07	)	$	(0.61	)	$	(0.22	)

(1)	We excluded convertible senior common shares of 782,958, 428,509, and 238,126 from the calculation of diluted earnings per share for the years ended December 31, 2015, 2014 and 2013, respectively, because it was anti-dilutive.