EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2020

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 six and three months ended June 30, 2020 and 2019.

(in thousands, except per share information)
	Six Months Ended June 30,		Three Months Ended June 30,
	2020	2019	2020	2019

Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per share of common stock:
	Net (loss) income - Basic and diluted		$	(42,426)	$	14,130	$	48,773	$	3,533
Weighted average shares of common stock:
	Shares of common stock outstanding at the balance sheet date			66,221		54,283		66,221		54,283
	Unvested dividend eligible share based compensation
		outstanding at the balance sheet date		-		54		80		54
	Effect of weighting			(812)		(3,574)		9		(1,736)
Weighted average shares-basic and diluted				65,409		50,763		66,310		52,601
Net (loss) income per common share:
	Basic		$	(0.65)	$	0.28	$	0.74	$	0.07
	Diluted		$	(0.65)	$	0.28	$	0.73	$	0.07
Anti-dilutive incentive shares not included in calculation.				80		-		-		-