Basic and diluted EPS per common share:

Numerator for basic and diluted EPS per share of common stock:

Net income - Basic and diluted

$

55,622

$

32,117

$

72,078

$

17,320

Weighted average shares of common stock:

Shares of common stock outstanding at the balance sheet date

148,239

78,083

148,239

78,083

Unvested dividend eligible share based compensation outstanding at the balance sheet date

273

227

273

227

Effect of weighting

(32,938

)

(17,609

)

(12,143

)

(5,933

)

Weighted average shares-basic and diluted

115,574

60,701

136,369

72,377

Net income per common share:

Basic and diluted

$

0.48

$

0.53

$

0.53

$

0.24