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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share

The following table presents a reconciliation of basic and diluted earnings per share for the three months ended March 31, 2018 and 2017:

 

 

 

For the Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

Net income

 

$

3,500

 

 

$

4,245

 

(Income) loss allocated to non-controlling interests

 

 

(88

)

 

 

(168

)

Net income allocable to common shares

 

 

3,412

 

 

 

4,077

 

Weighted-average shares outstanding—Basic

 

 

85,303,010

 

 

 

68,787,155

 

Weighted-average shares outstanding—Diluted

 

 

85,535,089

 

 

 

68,958,786

 

Earnings per share—Basic

 

$

0.04

 

 

$

0.06

 

Earnings per share—Diluted

 

$

0.04

 

 

$

0.06