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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
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 year ended December 31,
 
 
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
 
Net income (loss) attributable to common shareholders
 
$
82,886

 
$
(4,073
)
 
$
83,794

Less: dividends paid on unvested share-based compensation
 
(294
)
 
(332
)
 
(415
)
Net income (loss) available to common shareholders
 
$
82,592

 
$
(4,405
)
 
$
83,379

Denominator:
 
 
 
 
 
 
Weighted-average number of common shares — basic
 
130,471,670

 
74,286,307

 
69,591,973

Effect of dilutive share-based compensation
 
246,636

 

 
392,864

Weighted-average number of common shares — diluted
 
130,718,306

 
74,286,307

 
69,984,837

 
 
 
 
 
 
 
Net income (loss) per share available to common shareholders — basic
 
$
0.63

 
$
(0.06
)
 
$
1.20

Net income (loss) per share available to common shareholders — diluted
 
$
0.63

 
$
(0.06
)
 
$
1.19