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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2020
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share:
|  | Quarters Ended September 30, |  |  | Nine Months Ended September 30, |
(Dollars in thousands, except share and per share data) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | (15,170 | ) |  | $ | 6,721 |  |  | $ | (22,197 | ) |  | $ | 40,984 |
Less: preferred stock distributions |  |  | 42 |  |  |  | — |  |  |  | 42 |  |  |  | — |
Net income (loss) available to common shareholders |  | $ | (15,212 | ) |  | $ | 6,721 |  |  | $ | (22,239 | ) |  | $ | 40,984 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares for basic earnings per share |  |  | 14,304,426 |  |  |  | 14,202,859 |  |  |  | 14,276,594 |  |  |  | 14,181,530 |
Non-vested restricted stock |  |  | — |  |  |  | 23,059 |  |  |  | — |  |  |  | 19,201 |
Non-vested restricted stock units |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,954 |
Options |  |  | — |  |  |  | 101,839 |  |  |  | — |  |  |  | 125,176 |
Weighted average shares for diluted earnings per share (1) |  |  | 14,304,426 |  |  |  | 14,327,757 |  |  |  | 14,276,594 |  |  |  | 14,328,861 |
Earnings per share - Basic |  | $ | (1.06 | ) |  | $ | 0.47 |  |  | $ | (1.56 | ) |  | $ | 2.89 |
Earnings per share - Diluted |  | $ | (1.06 | ) |  | $ | 0.47 |  |  | $ | (1.56 | ) |  | $ | 2.86 |
(1) | For the quarter and nine months ended September 30, 2020, weighted average shares outstanding – basic was used to calculate diluted earnings per share due to a net loss for these periods.

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- 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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