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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of earnings (loss) per share, basic and diluted
The following is a reconciliation of the calculation of basic and diluted earnings per share (in thousands, except share and per share data):
 
Three Months Ended March 31,
 
2015
 
2014
Numerator:
 
 
 
Net income
$
10,641

 
$
4,037

Denominator:
 
 
 
Weighted-average number of common shares outstanding—basic
200,645,518

 
195,623,959

Effect of dilutive securities:
 
 
 
Unvested restricted common stock
203,077

 
205,363

Unexercised stock appreciation rights
2,946

 

Shares related to unvested PSUs
270,692

 
575,733

Weighted-average number of common shares outstanding—diluted
201,122,233

 
196,405,055

Earnings per share:


 
 
Basic earnings per share
$
0.05

 
$
0.02

Diluted earnings per share
$
0.05

 
$
0.02