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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings (Loss) Per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2015, 2014 and 2013:

 

 

 

For the Years Ended December 31

 

 

 

2015

 

 

2014

 

 

2013

 

Net Income (loss)

 

$

30,156

 

 

$

2,944

 

 

$

1,274

 

(Income) loss allocated to preferred shares

 

$

-

 

 

 

-

 

 

 

(10

)

(Income) loss allocated to non-controlling interests

 

 

(1,914

)

 

 

(4

)

 

 

(649

)

Net Income (loss) allocable to common shares

 

 

28,242

 

 

 

2,940

 

 

 

615

 

Weighted-average shares outstanding—Basic

 

 

36,153,673

 

 

 

21,315,928

 

 

 

5,330,814

 

Dilutive securities

 

 

6,601

 

 

 

216,743

 

 

 

-

 

Weighted-average shares outstanding—Diluted

 

 

36,160,274

 

 

 

21,532,671

 

 

 

5,330,814

 

Earnings (loss) per share—Basic

 

$

0.78

 

 

$

0.14

 

 

$

0.12

 

Earnings (loss) per share—Diluted

 

$

0.78

 

 

$

0.14

 

 

$

0.12