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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of reconciling the numerator and denominator of EPS

The table below reconciles the numerator and denominator of EPS for the three months ended March 31, 2018 and 2017.

(in thousands, except per-share information)
Three Months Ended March 31,
20182017
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per share of common stock:
Net (loss) income - Basic and diluted$(16,377)$2,449
Weighted average shares of common stock:
Shares of common stock outstanding at the balance sheet date53,07234,270
Unvested dividend eligible share based compensation
outstanding at the balance sheet date-64
Effect of weighting (6)(1,265)
Weighted average shares-basic and diluted53,06633,069
Net (loss) income per common share:
Basic and diluted$(0.31)$0.07