Equity (Tables)

9 Months Ended

Sep. 30, 2019

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except share amounts):


	Three Months Ended September 30,						Nine Months Ended September 30,
	2019		2018		2019		2018
Numerator for basic and diluted earnings (loss) per share attributable to common stockholders:
Net income (loss) attributable to common stockholders	$	3,272	$	(3,111)	(5,292)		17,422

Denominator:
Denominator for basic earnings per share—weighted average number of shares	15,913,975		15,635,953		15,900,362		14,768,429
Effect of diluted securities	200,000		—		—		200,000
Denominator for diluted earnings per share—adjusted weighted average number of shares and assumed conversions	16,113,975		15,635,953		15,900,362		14,968,429

Basic earnings (loss) per share	$	0.21	$	(0.20)	$	(0.33)	$	1.18
Diluted earnings (loss) per share	$	0.20	$	(0.20)	$	(0.33)	$	1.16