XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings Per Common Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Earnings Per Common Share |
Schedule of impact to the diluted weighted average number of shares of common stock related to the RSUs |
|  | Three and Nine |  | Three and Nine
|  | Months Ended |  | Months Ended
|  | September 30, 2018 |  | September 30, 2017
Date of Award and |  | Return on |  | Stockholder |  |  |  | Return on |  | Stockholder |  |
Total Number of |  | Capital |  | Return |  |  |  | Capital |  | Return |  |
Underlying Shares |  | metric |  | metric |  | Total |  | metric |  | metric |  | Total
September 26, 2017 |  |  |  |  |  |  |  |  |  |  |  |
76,250 shares | (a) | 33,524 |  | 38,125 |  | 71,649 |  | 38,125 |  | — |  | 38,125
July 1, 2018 |  |  |  |  |  |  |  |  |  |  |  |
76,250 shares | (b) | 30,929 |  | — |  | 30,929 |  | n/a |  | n/a |  | n/a
|  | 64,453 |  | 38,125 |  | 102,578 |  | 38,125 |  | — |  | 38,125
| (a) |  | Includes shares that would be issued pursuant to the respective metrics, assuming the end of the quarterly period was the June 30, 2020 vesting date. None of the remaining 4,601 shares and 38,125 shares are included at September 30, 2018 and 2017, respectively, as the applicable metrics had not been met for these shares.
| (b) |  | Includes shares that would be issued pursuant to the respective metrics, assuming the end of the quarterly period was the June 30, 2021 vesting date. None of the remaining 45,321 shares are included at September 30, 2018, as the applicable metrics had not been met for these shares.
Schedule of reconciliation of the numerator and denominator of earnings per share calculations | The following table provides a reconciliation of the numerator and denominator of earnings per share calculations (amounts in thousands, except per share amounts):
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 10,182 |  | $ | 7,128 |  | $ | 21,381 |  | $ | 20,007
Less net income attributable to non-controlling interests |  |  | (35) |  |  | (23) |  |  | (866) |  |  | (65)
Less earnings allocated to unvested restricted stock (a) |  |  | (342) |  |  | (263) |  |  | (879) |  |  | (796)
Net income available for common stockholders: basic and diluted |  | $ | 9,805 |  | $ | 6,842 |  | $ | 19,636 |  | $ | 19,146
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of common shares |  |  | 18,646 |  |  | 18,000 |  |  | 18,521 |  |  | 17,859
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
RSUs |  |  | 59 |  |  | 79 |  |  | 41 |  |  | 102
Denominator for diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares |  |  | 18,705 |  |  | 18,079 |  |  | 18,562 |  |  | 17,961
Earnings per common share, basic |  | $ | .53 |  | $ | .38 |  | $ | 1.06 |  | $ | 1.07
Earnings per common share, diluted |  | $ | .52 |  | $ | .38 |  | $ | 1.06 |  | $ | 1.07
| (a) |  | Represents an allocation of distributed earnings to unvested restricted stock which, as participating securities, are entitled to receive dividends.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration