EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2018

The table below reconciles the numerator and denominator of EPS for the six and three months ended June 30, 2018 and 2017.

(in thousands, except per-share information)
				Six Months Ended June 30,				Three Months Ended June 30,
				2018		2017		2018		2017
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per share of common stock:
	Net (loss) income - Basic and diluted		$	(15,030)	$	(7,193)	$	1,346	$	(9,643)
Weighted average shares of common stock:
	Shares of common stock outstanding at the balance sheet date			52,035		45,300		52,035		45,300
	Unvested dividend eligible share based compensation
		outstanding at the balance sheet date		-		-		57		-
	Effect of weighting			760		(10,183)		495		(8,089)
Weighted average shares-basic and diluted				52,795		35,117		52,587		37,211
Net (loss) income per common share:
	Basic and diluted		$	(0.29)	$	(0.21)	$	0.03	$	(0.26)
Anti-dilutive incentive shares not included in calculation.				51		61		-		54