XML 34 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Schedule of reconciliation from net income to the net income available to common shareholders and the related earnings per share

 

 

 

 

Three Months Ended March 31,

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Net income, as reported

 

$
15,729 

 

$
197 

 

Less: net income attributable to participating securities

 
794 

 
10 

 

Net income available to common shareholders

 

$
14,935 

 

$
187 

 

 

 

 

 

 

 

Weighted average common shares (1)

 
36,403,492 

 
35,783,417 

 

 

 

 

 

 

 

Basic and diluted net income per share

 

$
0.41 

 

$
0.01 

 

 

(1)

Excludes unvested shares granted under our share award plan, which shares are considered participating securities because they participate equally in earnings and losses with all of our other common shares.  The weighted average number of unvested shares outstanding for the three months ended March 31, 2015 and 2014, was 1,934,858 and 1,841,949, respectively.