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Earnings per share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings per share

Note 12 — Earnings per share

 

The following table sets forth the components of basic and diluted earnings per share ($ in thousands, except share and per share amounts):

 
    Three months ended June 30, 2015     Six months ended June 30, 2015    
    Income
(Numerator)		     Shares
(Denominator)		     Per Share
Amount		     Income
(Numerator)		     Shares
(Denominator)		     Per Share
Amount  		  
                                     
Basic EPS                                                
Income attributable to common stockholders   $ 5,436       15,237,739               9,076       14,129,162          
Allocation of earnings to participating restricted shares     (17 )                     (31 )                
Income attributable to unrestricted common stockholders   $ 5,419       15,237,739     $ 0.36     $ 9,045       14,129,162     $ 0.64  
                                                 
Effect of dilutive securities                                                
Operating partnership units     223       624,106               398       624,106          
Restricted stock grants and Manager and director fee shares     17       47,789               31       48,051          
                                                 
Diluted EPS                                                
Income attributable to common stockholders and dilutive securities   $ 5,659       15,909,634     $ 0.36     $ 9,474       14,801,319     $ 0.64