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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Weighted-Average Common Shares Outstanding Used in Calculation of Basic EPS to Diluted EPS
The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the three months ended March 31, 2016 and 2015, 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 (amounts in thousands, except per share amounts):
 
 
For the Three Months Ended March 31,
 
2016
 
2015
Numerator:
 
 
 
Net income
$
5,502

 
$
2,038

Less: Net income allocated to participating securities
(78
)
 
(36
)
Numerator for basic and diluted earnings available to common stockholders
$
5,424

 
$
2,002

Denominator:
 
 
 
Weighted-average basic common shares outstanding
48,101

 
31,317

Weighted-average diluted common shares outstanding
48,101

 
31,317

 
 
 
 
Earnings per common share, basic
$
0.11

 
$
0.06

Earnings per common share, diluted
$
0.11

 
$
0.06