Earnings Per Share (Tables)

3 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Summary of Earnings Per Share

The following table summarizes the weighted-average number of basic common shares outstanding and the calculation of basic earnings per share for the periods presented (in thousands, except share and per share amounts):

	For the Three Months Ended December 31,
	2019		2018
Numerator
Net income attributable to common shareholders	$	5,461	$	5,154
Denominator
Weighted average number of common shares outstanding, basic	51,489,211		51,414,619
Net income per common share attributable to common shareholders, basic	$	0.11	$	0.10

The following table summarizes the calculation of the weighted-average number of diluted common shares outstanding and the calculation of diluted earnings per share for the periods presented (in thousands, except share and per share amounts):

	For the Three Months Ended December 31,
	2019		2018
Numerator
Net income attributable to common stockholders	$	5,461	$	5,154
Denominator
Weighted average number of basic common shares outstanding, basic	51,489,211		51,414,619
Effect of dilutive securities:
Restricted stock grants under 2018 Equity Incentive Plan	120,169		—
Weighted average number of diluted common shares outstanding:	51,609,380		51,414,619
Net income per diluted common share attributable to common stockholders	$	0.11	$	0.10