Loss Per Common Share
 6 Months Ended
Jun. 30, 2016
LOSS PER COMMON SHARE [Abstract]  
LOSS PER COMMON SHARE
NOTE 12: LOSS PER COMMON SHARE
 
Loss per share is calculated by dividing net loss by the weighted average number of shares of Navios Holdings outstanding during the period.
For the three month period ended June 30, 2016, 3,533,542 potential common shares and 5,935,000 potential shares of convertible preferred stock have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) and are therefore excluded from the calculation of diluted net loss per share.
For the three month period ended June 30, 2015, 1,881,641 potential common shares and 6,970,758 potential shares of convertible preferred stock have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) and are therefore excluded from the calculation of diluted net loss per share.
 
For the six month period ended June 30, 2016, 3,626,729 potential common shares and 5,935,000 potential shares of convertible preferred stock have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) and are therefore excluded from the calculation of diluted net loss per share.
For the six month period ended June 30, 2015, 1,775,306 potential common shares and 6,988,379 potential shares of convertible preferred stock have an anti-dilutive effect (i.e. those that increase income per share or decrease loss per share) and are therefore excluded from the calculation of diluted net loss per share.
 
 
  
Three Month
 
 
Three Month
 
 
Six Month
 
 
Six Month
 
 
 
  
Period Ended
 
 
Period Ended
 
 
Period Ended
 
 
Period Ended
 
 
 
  
June 30, 2016
 
 
June 30, 2015
 
 
June 30, 2016
 
 
June 30, 2015
 
 
Numerator:
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to Navios Holdings common stockholders
  
$
(26,416
)
 
$
(24,813
)
 
$
(33,881
)
 
$
(51,491
)
 
Less:
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividend on Preferred Stock and on unvested restricted shares
  
 
(3,971
)
 
 
(4,093
)
 
 
(7,941
)
 
 
(8,166
)
 
Loss available to Navios Holdings common stockholders, basic and diluted
  
$
(30,387
)
 
$
(28,906
)
 
$
(41,822
)
 
$
(59,657
)
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic and diluted net loss per share attributable to Navios Holdings common stockholders — weighted average shares
  
 
106,009,049
 
 
 
105,401,820
 
 
 
106,022,826
 
 
 
105,251,590
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted net losses per share attributable to Navios Holdings common stockholders
  
$
(0.29
)
 
$
(0.27
)
 
$
(0.39
)
 
$
(0.57
)