XML 61 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
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,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
16,591

 
$
8,730

 
$
14,588

 
$
3,814

Less: dividends paid on unvested share-based compensation
(125
)
 
(81
)
 
(250
)
 
(161
)
Undistributed earnings attributable to share-based compensation
(14
)
 

 

 

Net income (loss) available to common shareholders
$
16,452

 
$
8,649

 
$
14,338

 
$
3,653

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
63,764,929

 
61,082,770

 
63,763,935

 
61,039,721

Effect of dilutive share-based compensation
360,128

 
113,626

 
386,331

 
155,313

Weighted-average number of common shares — diluted
64,125,057

 
61,196,396

 
64,150,266

 
61,195,034

 
 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
$
0.26

 
$
0.14

 
$
0.22

 
$
0.06

Net income (loss) per share available to common shareholders — diluted
$
0.26

 
$
0.14

 
$
0.22

 
$
0.06