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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Common Share Computations

The following table reconciles the numerators and denominators of the basic and diluted earnings per common share computations (in thousands, except share and per share data).

 

    March 31,     March 31,  
    2018     2017  

Basic:

   

Net (loss) income attributable to common stockholders

  $ (10,709   $ 48,325  

Weighted average common shares outstanding

    58,062,997       54,519,574  
 

 

 

   

 

 

 

Basic (loss) earnings per common share

  $ (0.18   $ 0.89  
 

 

 

   

 

 

 

Diluted:

   

Effect of dilutive securities:

   

Net (loss) income attributable to common stockholders

    (10,709     48,325  

Adjustment to income for dilutive options and warrants

    —         —    
 

 

 

   

 

 

 
    (10,709     48,325  

Weighted average common shares outstanding

    58,062,997       54,519,574  

Effect of dilutive options and warrants

    —         912,054  
 

 

 

   

 

 

 

Diluted weighted average common shares outstanding

    58,062,997       55,431,628  
 

 

 

   

 

 

 

Diluted (loss) earnings per common share

  $ (0.18   $ 0.87