XML 21 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Common Share (Tables)
9 Months Ended
Sep. 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 September 30,
 
For the nine months ended September 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
11,315

 
$
7,462

 
$
15,129

 
$
5,622

Less: dividends paid on unvested share-based compensation
(81
)
 
(83
)
 
(242
)
 
(249
)
Undistributed earnings attributable to share-based compensation
(11
)
 

 

 

Net income (loss) available to common shareholders
$
11,223

 
$
7,379

 
$
14,887

 
$
5,373

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
61,179,524

 
58,714,055

 
61,086,834

 
54,227,155

Effect of dilutive share-based compensation
168,339

 
46,279

 
192,418

 
87,314

Weighted-average number of common shares — diluted
61,347,863

 
58,760,334

 
61,279,252

 
54,314,469

 
 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
$
0.18

 
$
0.13

 
$
0.24

 
$
0.10

Net income (loss) per share available to common shareholders — diluted
$
0.18

 
$
0.13

 
$
0.24

 
$
0.10