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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of Amounts Used in Calculating Basic and Diluted Net Income (Loss) Per Share
The following is a reconciliation of the amounts used in calculating basic and diluted net income per share (in thousands, except share and per share data):
 
For the year ended
 
December 31,
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
Net income
$
29,478

 
$
31,483

 
$
32,966

Dividends paid on unvested shares and LTIP units
(235
)
 
(189
)
 
(151
)
Net income attributable to common shareholders
$
29,243

 
$
31,294

 
$
32,815

Denominator:
 
 
 
 
 
Weighted average number of common shares - basic
39,859,143

 
38,299,067

 
37,917,871

Effect of dilutive securities:
 
 
 
 
 
Unvested shares
253,123

 
183,808

 
404,414

Weighted average number of common shares - diluted
40,112,266

 
38,482,875

 
38,322,285

Basic income per Common Share:
 
 
 
 
 
Net income attributable to common shareholders per weighted average common share
$
0.73

 
$
0.82

 
$
0.87

Diluted income per Common Share:
 
 
 
 
 
Net income attributable to common shareholders per weighted average common share
$
0.73

 
$
0.81

 
$
0.86