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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2019
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 years ended December 31, 2019, 2018 and 2017, 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 years ended December 31, 2019, 2018 and 2017 (amounts in thousands, except per share amounts):
 
 
Year Ended December 31,
 
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income
$
46,359

 
$
57,923

 
$
25,874

Less: Net income allocated to participating securities
(296
)
 
(364
)
 
(354
)
Numerator for basic and diluted earnings available to common stockholders
$
46,063

 
$
57,559

 
$
25,520

Denominator:
 
 
 
 
 
Weighted-average basic common shares outstanding
93,088

 
79,386

 
72,647

Weighted-average diluted common shares outstanding
93,098

 
79,392

 
72,647

 
 
 
 
 
 
Earnings per common share, basic
$
0.49

 
$
0.73

 
$
0.35

Earnings per common share, diluted
$
0.49

 
$
0.72

 
$
0.35