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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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 three months ended
 
March 31,
 
2018
 
2017
Numerator:
 
 
 
Net income attributable to common shareholders
$
2,848

 
$
4,613

Dividends paid on unvested shares and units
(63
)
 
(42
)
Undistributed earnings allocated to unvested shares and units

 

Net income attributable to common shareholders
$
2,785

 
$
4,571

Denominator:
 
 
 
Weighted average number of common shares - basic
45,753,792

 
38,361,113

Unvested shares
268,898

 
212,815

Weighted average number of common shares - diluted
46,022,690

 
38,573,928

Basic income per Common Share:
 
 
 
Net income attributable to common shareholders per weighted average basic common share
$
0.06

 
$
0.12

Diluted income per Common Share:
 
 
 
Net income attributable to common shareholders per weighted average diluted common share
$
0.06

 
$
0.12