EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2015

The following table illustrates the computation of basic and diluted earnings per share for the three and six months ended June 30, 2015 and 2014 (in thousands, except share and per share amounts):



	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Numerator
Net income attributable to common stockholders	$	14,275	$	12,241	$	31,164	$	2,377

Denominator
Basic weighted average common shares and common equivalents	59,323,799		43,655,292		59,254,895		41,324,795
Dilutive restricted stock units	219,982		441,005		255,269		466,675

Diluted weighted average common shares	59,543,781		44,096,297		59,510,164		41,791,470

Net income attributable to common stockholders, per:

Basic common share	$	0.24	$	0.28	$	0.53	$	0.06

Diluted common share	$	0.24	$	0.28	$	0.52	$	0.06

Certain 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, 2015 approximately 10,700 and 11,000 restricted stock units, respectively, were not included because they were considered anti-dilutive. 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 anti-dilutive. No stock options were considered anti-dilutive during the three and six months ended June 30, 2014. No stock options were outstanding during the six months ended June 30, 2015.