EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2020, 2019 and 2018.

(in thousands, except per-share information)

2020

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

$

2,128

$

24,265

$

(44,387)

Weighted average shares of common stock:

Shares of common stock outstanding at the balance sheet date

76,073

63,062

49,132

Unvested dividend eligible share based compensation

outstanding at the balance sheet date

96

63

-

Effect of weighting 

(8,958)

(6,797)

3,066

Weighted average shares-basic and diluted

67,211

56,328

52,198

Net income (loss) per common share:

Basic and diluted

$

0.03

$

0.43

$

(0.85)

Anti-dilutive incentive shares not included in calculation.

-

-

56