Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
LOSS PER COMMON SHARE [Abstract]  
Loss per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Three Month

Period Ended

June 30, 2018

 

 

Three Month

Period Ended

June 30, 2017

 

 

Six Month

Period Ended

June 30, 2018

 

 

Six Month

Period Ended

June 30, 2017

 

Numerator:

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Navios Holdings common stockholders

  

$

(25,292)

 

 

$

(37,258

) 

 

$

(66,149)

 

 

$

(85,977

) 

Less:

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Declared and undeclared dividend on preferred stock and on unvested restricted shares

  

 

(2,564)

 

 

 

(2,660

) 

 

 

(5,113)

 

 

 

(5,304

) 

Plus:

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tender Offer – Redemption of preferred stock Series G and Series H including $270 of undeclared preferred dividend cancelled for both three and six months

  

 

  

 

 

 

504

 

 

 

  

 

 

 

504

 

Loss available to Navios Holdings common stockholders, basic and diluted

  

$

(27,856)

 

 

$

(39,414

) 

 

$

(71,262)

 

 

$

(90,777

) 

Denominator:

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted net loss per share attributable to Navios Holdings common stockholders — weighted average shares

  

 

119,423,135

 

 

 

116,051,809

 

 

 

119,422,969

 

 

 

115,612,780

 

Basic and diluted net losses per share attributable to Navios Holdings common stockholders

  

$

(0.23)

 

 

$

(0.34

) 

 

$

(0.60)

 

 

$

(0.79

)