Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the amounts used in calculating basic and diluted net income per share (in thousands, except share and per share data):

	For the three months ended				For the six months ended
	June 30,				June 30,
	2020		2019		2020		2019
Numerator:
Net income (loss) attributable to common shareholders	$	(26,827)	$	9,437	$	(54,610)	$	11,050
Dividends paid on unvested shares and units	—		(107)		(50)		(192)
Net income (loss) attributable to common shareholders	$	(26,827)	$	9,330	$	(54,660)	$	10,858
Denominator:
Weighted average number of common shares - basic	46,960,289		46,760,016		46,954,411		46,658,973
Unvested shares	—		216,983		—		196,943
Weighted average number of common shares - diluted	46,960,289		46,976,999		46,954,411		46,855,916
Basic income (loss) per Common Share:
Net income (loss) attributable to common shareholders per weighted average basic common share	$	(0.57)	$	0.20	$	(1.16)	$	0.23
Diluted income (loss) per Common Share:
Net income (loss) attributable to common shareholders per weighted average diluted common share	$	(0.57)	$	0.20	$	(1.16)	$	0.23