EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Common Share

EARNINGS PER COMMON SHARE

The following table illustrates the computation of basic and diluted earnings per share for the three and six months ended June 30, 2014 and 2013 (in thousands, except share and per share amounts):

	Three Months Ended June 30,					Six Months Ended June 30,
	2014		2013			2014		2013
Numerator
Net income (loss) attributable to common stockholders	$	12,241	$	(3,185	)	$	2,377	$	6,068
Denominator
Basic weighted average common shares	43,655,292		37,357,112			41,324,795		37,321,813
Dilutive stock options and restricted stock units	441,005		—			466,675		467,991
Diluted weighted average common shares	44,096,297		37,357,112			41,791,470		37,789,804
Net income (loss) attributable to common stockholders, per:
Basic common share	$	0.28	$	(0.09	)	$	0.06	$	0.16
Diluted common share	$	0.28	$	(0.09	)	$	0.06	$	0.16

Certain of our outstanding restricted stock units are considered participating securities because dividend payments are not forfeited even if the underlying award does not vest. Accordingly, the Company uses the two-class method when computing basic and diluted earnings per share. During the three and six months ended June 30, 2014, approximately 9,000 and 10,000 restricted stock units, respectively, were not included because they were considered anti-dilutive. During the three months ended June 30, 2013, all restricted stock units and stock options were not included because they were anti-dilutive. During the six months ended June 30, 2013, approximately 5,000 restricted stock units were not included because they were anti-dilutive. No stock options were considered anti-dilutive during the three and six months ended June 30, 2014 and during the six months ended June 30, 2013.