Earnings per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2020

Earnings per Share of Common Stock

Schedule of computation of basic and diluted earnings per share

	Three Months Ended March 31,
(In Thousands, except for share and per share amounts)	2020		2019
Basic Earnings
Net income	$	(51,516)	$	30,450
Less: Income attributable to non-controlling interest		(1,064)		983
Less: Income attributable to participating shares		463		82
Basic earnings	$	(50,915)	$	29,385
Diluted Earnings
Net income	$	(51,516)	$	30,450
Less: Income attributable to non-controlling interest		(1,064)		983
Less: Income attributable to participating shares		463		82
Diluted earnings	$	(50,915)	$	29,385
Number of Shares
Basic — Average shares outstanding		51,984,040		32,556,875
Effect of dilutive securities — Unvested participating shares		5,973		6,769
Diluted — Average shares outstanding		51,990,013		32,563,644
Earnings Per Share Attributable to RC Common Stockholders:
Basic	$	(0.98)	$	0.90
Diluted	$	(0.98)	$	0.90