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Earnings per Common Share (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per common share
The following is a reconciliation of basic and diluted earnings per common share (in thousands, except share and per-share data):
 
For the three months ended June 30,
 
For the six months ended June 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
8,730

 
$
5,407

 
$
3,814

 
$
(1,840
)
Less: dividends paid on unvested share-based compensation
(81
)
 
(83
)
 
(161
)
 
(166
)
Undistributed earnings attributable to share-based compensation
—

 
—

 
—

 
—

Net income (loss) available to common shareholders
$
8,649

 
$
5,324

 
$
3,653

 
$
(2,006
)
Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
61,082,770

 
52,908,195

 
61,039,721

 
51,959,049

Effect of dilutive share-based compensation
113,626

 
19,667

 
155,313

 
—

Weighted-average number of common shares — diluted
61,196,396

 
52,927,862

 
61,195,034

 
51,959,049

 
 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
$
0.14

 
$
0.10

 
$
0.06

 
$
(0.04
)
Net income (loss) per share available to common shareholders — diluted
$
0.14

 
$
0.10

 
$
0.06

 
$
(0.04
)