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Earnings Per Common Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the three and six months ended June 30, 2015 and 2014, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the three and six months ended June 30, 2015 and 2014 (amounts in thousands, except per share amounts):
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
2,266

 
$
(10,342
)
 
$
4,304

 
$
(10,740
)
Less: Net income allocated to participating securities
(81
)
 

 
(117
)
 

Numerator for basic and diluted earnings (loss) available to common stockholders
$
2,185

 
$
(10,342
)
 
$
4,187

 
$
(10,740
)
Denominator:
 
 
 
 
 
 
 
Weighted-average basic and diluted common shares outstanding
31,278

 
22,231

 
31,268

 
22,230

Basic and diluted earnings (loss) per common share
$
0.07

 
$
(0.47
)
 
$
0.13

 
$
(0.48
)

The Company’s unvested restricted shares associated with its incentive award plan and unvested restricted shares issued to employees of Ensign at the Spin-Off have been excluded from the above calculation of earnings (loss) per share for the three and six months ended June 30, 2015 and 2014, as their inclusion would have been anti-dilutive.