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Earnings Per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The table below sets forth the computation of basic and diluted earnings per common share for the three years in the period ended December 31, 2014.
 
Year Ended December 31,
(Dollars in thousands, except per share data)
2014

 
2013

 
2012

Weighted Average Common Shares
 
 
 
 
 
Weighted average Common Shares outstanding
97,093,960

 
92,725,112

 
80,360,422

Non-vested shares
(1,814,734
)
 
(1,784,485
)
 
(1,515,582
)
Weighted average Common Shares - Basic
95,279,226

 
90,940,627

 
78,844,840

Weighted average Common Shares - Basic
95,279,226

 
90,940,627

 
78,844,840

Dilutive effect of non-vested shares
1,364,236

 
—

 
—

Dilutive effect of employee stock purchase plan
115,948

 
—

 
—

Weighted average Common Shares - Diluted
96,759,410

 
90,940,627

 
78,844,840

Net Income (loss)
 
 
 
 
 
Income (loss) from continuing operations
$
33,979

 
$
(13,092
)
 
$
(892
)
Noncontrolling interests’ share in earnings
(313
)
 
(37
)
 
(70
)
Income (loss) from continuing operations attributable to common stockholders
33,666

 
(13,129
)
 
(962
)
Discontinued operations
(1,779
)
 
20,075

 
6,427

Net income attributable to common stockholders
$
31,887

 
$
6,946

 
$
5,465

Basic Earnings (loss) Per Common Share
 
 
 
 
 
Income (loss) from continuing operations
$
0.35

 
$
(0.14
)
 
$
(0.01
)
Discontinued operations
(0.02
)
 
0.22

 
0.08

Net income attributable to common stockholders
$
0.33

 
0.08

 
0.07

Diluted Earnings (loss) Per Common Share
 
 
 
 
 
Income (loss) from continuing operations
$
0.35

 
$
(0.14
)
 
$
(0.01
)
Discontinued operations
(0.02
)
 
0.22

 
0.08

Net income attributable to common stockholders
$
0.33

 
$
0.08

 
$
0.07


For the years ended December 31, 2013 and 2012, non-vested shares totaling 1,288,166 and 1,144,465, respectively, and options under the Employee Stock Purchase Plan to purchase shares totaling 157,733 and 138,578, respectively, of the Company’s common stock were excluded from the calculation of diluted earnings (loss) per common share because the effect was anti-dilutive due to the loss from continuing operations during those periods.