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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The following table provides a summary of net income (loss) and the number of common shares used in the computation of basic and diluted income (loss) per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

For the Three Months Ended March 31,

 

(Amounts in thousands, except per share amounts)

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

$

372

 

 

$

(6,494

)

Earnings allocated to unvested participating securities

 

(14

)

 

 

(9

)

Numerator for income (loss) per common share - basic

   and diluted

$

358

 

 

$

(6,503

)

Denominator:

 

 

 

 

 

 

 

Denominator for basic income (loss) per common share -

   weighted average shares

 

230,924

 

 

 

212,404

 

Effect of dilutive employee stock options and

   restricted share awards (1)

 

34

 

 

 

-

 

Denominator for diluted income (loss) per common

   share - weighted average shares

 

230,958

 

 

 

212,404

 

 

 

 

 

 

 

 

 

Income (loss) per common share - basic and diluted

$

0.00

 

 

$

(0.03

)

 

 

 

(1)

The effect of dilutive securities for the three months ended March 31, 2017 and 2016 excludes 35,998 and 52,592 weighted average share equivalents, respectively.