Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine months ended
	September 30,				September 30,
	2020		2019		2020		2019
Numerator:
Net income (loss) attributable to common shareholders	$	(18,057)	$	10,002	$	(72,667)	$	21,052
Dividends paid on unvested shares and units	—		(107)		(50)		(299)
Net income (loss) attributable to common shareholders	$	(18,057)	$	9,895	$	(72,717)	$	20,753
Denominator:
Weighted average number of common shares - basic	46,965,526		46,913,922		46,958,143		46,744,890
Unvested shares	—		238,244		—		212,074
Weighted average number of common shares - diluted	46,965,526		47,152,166		46,958,143		46,956,964
Basic income (loss) per Common Share:
Net income (loss) attributable to common shareholders per weighted average basic common share	$	(0.38)	$	0.21	$	(1.55)	$	0.44
Diluted income (loss) per Common Share:
Net income (loss) attributable to common shareholders per weighted average diluted common share	$	(0.38)	$	0.21	$	(1.55)	$	0.44