Loss Per Common Share (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
LOSS PER COMMON SHARE [Abstract]    
Loss per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Three Month

Period Ended

September 30, 2018

 

  

Three Month

Period Ended

September 30, 2017

 

  

Nine Month

Period Ended

September 30, 2018

 

  

Nine Month

Period Ended

September 30, 2017

 

Numerator:

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Net loss attributable to Navios Holdings common stockholders

  

$

(1,816

) 

  

$

(28,332

)

  

$

(67,965

) 

  

$

(114,309

)

Less:

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

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

  

 

(2,566

) 

  

 

(2,555

) 

  

 

(7,679

) 

  

 

(7,859

) 

Plus:

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Tender Offer – Redemption of preferred stock Series G and Series H including $702 and $972 of undeclared preferred dividend cancelled for the three and nine months of 2017, respectively

  

 

—  

 

  

 

615

 

  

 

—  

 

  

 

1,119

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Loss attributable to Navios Holdings common stockholders, basic and diluted

  

$

(4,382

) 

  

$

(30,272

)

  

$

(75,644

) 

  

$

(121,049

)

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Denominator:

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

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

  

 

119,423,135

 

  

 

117,535,234

 

  

 

119,423,025

 

  

 

116,260,640

 

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

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

  

$

(0.04

) 

  

$

(0.26

)

  

$

(0.63

) 

  

$

(1.04

)

 

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Year ended

December 31,

2017

 

  

Year ended

December 31,

2016

 

  

Year ended

December 31,

2015

Numerator:

  

 

 

 

  

 

 

 

  

 

 

Net loss attributable to Navios Holdings common stockholders

  

$

(165,910)

 

  

$

(303,823)

 

  

$

(134,112)

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

  

 

(10,421)

 

  

 

(15,909)

 

  

 

(16,202)

Tender Offer – Redemption of preferred stock Series G and H including $972 and $5,063 of undeclared preferred dividend cancelled for the year ended December 31, 2017 and December 31, 2016, respectively

  

 

1,033

 

  

 

46,627

 

  

 

—  

Loss available to Navios Holdings common stockholders, basic and diluted

  

$

(175,298)

 

  

$

(273,105)

 

  

$

(150,314)

 

 

 

Denominator:

  

 

 

 

  

 

 

 

  

 

 

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

  

 

116,673,459

 

  

 

107,366,783

 

  

 

105,896,235

 

  

 

 

 

  

 

 

 

  

 

 

Basic and diluted net loss per share attributable to Navios Holdings stockholders

  

$

(1.50)

 

  

$

(2.54)

 

  

$

(1.42)