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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share The following table sets forth the computation of earnings per common share for the years ended December 31, 2018, 2017 and 2016 (amounts in thousands, except per share amounts):

Numerator:

 

For the year ended

December 31, 2018

 

 

For the year ended

December 31, 2017

 

 

For the year ended

December 31, 2016

 

Net income

 

$

9,506

 

 

$

24,152

 

 

$

11,316

 

Less: Net income attributable to noncontrolling interest

 

 

(3,843

)

 

 

(3,730

)

 

 

(266

)

Less: Dividends on preferred shares

 

 

-

 

 

 

-

 

 

 

(13,760

)

Net income (loss) attributable to common stockholders

 

 

5,663

 

 

 

20,422

 

 

 

(2,710

)

Less: Allocation to participating securities

 

 

(183

)

 

 

(265

)

 

 

(182

)

Net income (loss) available to common stockholders

 

$

5,480

 

 

$

20,157

 

 

$

(2,892

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares

 

 

31,597

 

 

 

31,447

 

 

 

15,838

 

Dilutive potential common shares

 

 

4

 

 

 

37

 

 

 

-

 

Diluted weighted-average common shares

 

 

31,601

 

 

 

31,484

 

 

 

15,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per common share- basic and diluted

 

$

0.17

 

 

$

0.64

 

 

$

(0.18

)