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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
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,
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
$
25,769

 
$
26,420

 
$
100,234

 
$
75,919

Less: dividends paid on unvested share-based compensation
(83
)
 
(104
)
 
(249
)
 
(311
)
Undistributed earnings attributable to share-based compensation

 

 
(67
)
 

Net income (loss) available to common shareholders
$
25,686

 
$
26,316

 
$
99,918

 
$
75,608

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
68,912,185

 
68,814,805

 
68,900,402

 
69,854,618

Effect of dilutive share-based compensation
343,673

 
388,115

 
366,696

 
373,456

Weighted-average number of common shares — diluted
69,255,858

 
69,202,920

 
69,267,098

 
70,228,074

 
 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
$
0.37

 
$
0.38

 
$
1.45

 
$
1.08

Net income (loss) per share available to common shareholders — diluted
$
0.37

 
$
0.38

 
$
1.44

 
$
1.08