Numerator:

Net income (loss) attributable to common shareholders

$

7,103

$

(3,784

)

$

(5,306

)

Dividends paid on unvested shares and units

(197

)

(127

)

(110

)

Net income (loss) attributable to common shareholders

$

6,906

$

(3,911

)

$

(5,416

)

Denominator:

Weighted average number of common shares - basic

48,793,017

48,900,997

48,847,386

Effect of dilutive securities:

Unvested shares and units

1,199,052

—

Weighted average number of common shares - diluted

49,992,069

48,900,997

48,847,386

Basic income (loss) per common share:

Net income (loss) attributable to common shareholders per weighted average basic common share

$

0.14

$

(0.08

)

$

(0.11

)

Diluted income (loss) per common share:

Net income (loss) attributable to common shareholders per weighted average diluted common share

$

0.14

$

(0.08

)

$

(0.11

)