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Net Income per Common Share (Tables)
 6 Months Ended
Jun. 30, 2013
Net Income per Common Share  
Schedule of basic and diluted net income per share of common stock

The table below presents basic and diluted net income per share of common stock for the three and six months ended June 30, 2013 and for the period from from May 15, 2012 (commencement of operations) through June 30, 2012, (dollars, other than shares and per share amounts, in thousands):

 

 

 

Three Months Ended
June 30, 2013

 

Six Months Ended
June 30, 2013

 

For the period from
May 15, 2012
(commencement of
operations) through
June 30, 2012

 

Numerator:

 

 

 

 

 

 

 

Net income attributable to common stockholders and participating securities for basic and diluted earnings per share

 

$

(27,654

)

$

(56,153

)

$

4,261

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per share

 

24,305,631

 

24,256,175

 

10,334,824

 

Weighted average diluted shares outstanding (stock awards)

 

—

 

—

 

—

 

Weighted average diluted shares outstanding (warrants)

 

—

 

—

 

—

 

Weighted average common share outstanding for diluted earnings per share

 

24,305,631

 

24,256,175

 

10,334,824

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

(1.14

)

$

(2.32

)

$

0.41

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

(1.14

)

$

(2.32

)

$

0.41