Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share

Reconciliation of number of shares used in calculation of basic and diluted earning per share

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2016	2015	2016	2015
Weighted average number of common shares outstanding	85,175,857	90,071,272	86,241,910	90,192,644
Effect of non-participatory equity compensation	36,000	36,000	36,000	36,000
Weighted average number of common shares outstanding, including effect of dilutive securities	85,211,857	90,107,272	86,277,910	90,228,644