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Earnings per share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of calculations of basic and diluted earnings per share
The calculations of the basic and diluted EPS for the three months ended March 31, 2020 and 2019 are presented below (in thousands, except per share amounts):

 
 
For the three months ended March 31,
 
 
2020
2019
Net loss
 
$
(14,066
)
$
(25,039
)
Less: Earnings allocated to unvested restricted stock awards
 


Earnings (loss) allocated to common shareholders
 
$
(14,066
)
$
(25,039
)
 
 
 
 
Common stock:
 
 
 
Weighted average basic shares outstanding
 
64,804

64,004

Effect of dilutive securities
 


Weighted average diluted shares outstanding
 
64,804

64,004

 
 
 
 
Basic earnings (loss) per share:
 
 
 
Net loss
 
$
(0.22
)
$
(0.39
)
Diluted earnings (loss) per share:
 
 
 
Net loss
 
$
(0.22
)
$
(0.39
)