EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2019

The table below reconciles the numerator and denominator of EPS for the three months ended March 31, 2019 and 2018.

(in thousands, except per-share information)
				Three Months Ended March 31,
				2019		2018
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per share of common stock:
	Net income (loss) - Basic and diluted		$	10,597	$	(16,377)
Weighted average shares of common stock:
	Shares of common stock outstanding at the balance sheet date			49,938		53,072
	Unvested dividend eligible share based compensation
		outstanding at the balance sheet date		55		-
	Effect of weighting			(1,088)		(6)
Weighted average shares-basic and diluted				48,905		53,066
Net income (loss) per common share:
	Basic and diluted		$	0.22	$	(0.31)
Anti-dilutive incentive shares not included in calculation.				-		42