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Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 2015
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,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
20,004

 
$
16,591

 
$
20,659

 
$
14,588

Less: dividends paid on unvested share-based compensation
(107
)
 
(125
)
 
(215
)
 
(250
)
Undistributed earnings attributable to share-based compensation

 
(14
)
 

 

Net income (loss) available to common shareholders
$
19,897

 
$
16,452

 
$
20,444

 
$
14,338

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
71,735,129

 
63,764,929

 
71,696,294

 
63,763,935

Effect of dilutive share-based compensation
690,823

 
360,128

 
767,125

 
386,331

Weighted-average number of common shares — diluted
72,425,952

 
64,125,057

 
72,463,419

 
64,150,266

 
 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
$
0.28

 
$
0.26

 
$
0.29

 
$
0.22

Net income (loss) per share available to common shareholders — diluted
$
0.27

 
$
0.26

 
$
0.28

 
$
0.22