Earnings per share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Basic and Diluted EPS

Basic and diluted earnings or losses per share (“EPS”) are as follows ($ in thousands, except share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator
Net (loss) income	$	(78,604)	$	(30,461)	$	(188,618)	$	13,567
Denominator
Denominator for basic EPS - weighted-average number of shares outstanding	134,493,864		129,841,264		131,426,886		130,265,112
Effect of dilutive securities
Unvested restricted share awards	—		—		—		336,135
Denominator for diluted EPS - adjusted weighted-average number of shares outstanding	134,493,864		129,841,264		131,426,886		130,601,247
EPS - Basic	$	(0.58)	$	(0.23)	$	(1.44)	$	0.10
EPS - Diluted	$	(0.58)	$	(0.23)	$	(1.44)	$	0.10