Equity and EPS (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted EPS:

	Quarter Ended March 31,
	2020		2019
Operations:
Net income(a)	$	9,842	$	9,720
Less: Income attributable to participating securities(b)	66		66
Net income attributable to common shareholders	$	9,776	$	9,654
Share information:
Basic and diluted weighted average common shares(c)	17,013,925		16,967,631
Basic and diluted EPS	$	0.57	$	0.57

(a)Net income attributable to all shareholders.

(b)Participating securities included 116,127 and 112,865 unvested restricted stock units (“RSUs”), at March 31, 2020 and 2019, respectively.

(c)Under the two-class method, basic and diluted weighted average common shares at March 31, 2020 and 2019, exclude unvested participating securities.