Earnings Per Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The table below reflects the diluted weighted-average number of common stock shares outstanding using the treasury stock method:

	Three Months Ended June 30,		Six Months Ended June 30,
	2013	2012	2013	2012
Weighted-average shares - basic	16,115,099	10,361,849	16,072,047	10,361,849
Effect of dilutive common stock equivalents:
Weighted-average restricted stock awards 1	84,390	—	85,682	—
Weighted-average shares - diluted	16,199,489	10,361,849	16,157,729	10,361,849

¹ Includes 86,990 shares of restricted common stock awarded to John Forney on June 14, 2012, 17,398 of which vested on June 14, 2013, and 3,900 shares of restricted common stock awarded on April 1, 2013 to Bradford Martz. See Note 12 for additional information.

The basic and diluted EPS computations are calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Basic EPS:
Net income attributable to common shareholders	$	4,509	$	2,991	$	8,860	$	7,739
Weighted-average shares outstanding	16,115,099		10,361,849		16,072,047		10,361,849
Basic EPS	$	0.28	$	0.29	$	0.55	$	0.75
Diluted EPS:
Net income attributable to common shareholders	$	4,509	$	2,991	$	8,860	$	7,739
Weighted-average shares outstanding	16,115,099		10,361,849		16,072,047		10,361,849
Weighted-average dilutive shares	84,390		—		85,682		—
Total weighted-average dilutive shares	16,199,489		10,361,849		16,157,729		10,361,849
Diluted EPS	$	0.28	$	0.29	$	0.55	$	0.75