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Earnings per share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Components of basic and diluted earnings per share

		Three months ended June 30, 2016												Three months ended June 30, 2015
		Income (Numerator)				Shares (Denominator)				Per Share Amount				Income (Numerator)				Shares (Denominator)				Per Share Amount

Basic EPS
Consolidated income attributable to common stockholders		$	6,605				15,742,932							$	5,436				15,237,739
Allocation of earning to participating restricted shares			(9	)			-								(17	)			-
Consolidated income attributable to unrestricted common stockholders		$	6,596				15,742,932			$	0.42			$	5,419				15,237,739			$	0.36

Effect of dilutive securities
Operating partnership units			257				624,106								223				624,106
Restricted stock grants and Manager and director fee shares			9				22,088								17				47,789

Diluted EPS
Consolidated income attributable to common stockholders and dilutive securities		$	6,862				16,389,126			$	0.42			$	5,659				15,909,634			$	0.36

		Six months ended June 30, 2016												Six months ended June 30, 2015
		Income (Numerator)				Shares (Denominator)				Per Share Amount				Income (Numerator)				Shares (Denominator)				Per Share Amount

Basic EPS
Consolidated income attributable to common stockholders		$	14,256				15,524,725							$	9,076				14,129,162
Allocation of earning to participating restricted shares			(23	)			-								(31	)			-
Consolidated income attributable to unrestricted common stockholders		$	14,233				15,524,725			$	0.92			$	9,045				14,129,162			$	0.64

Effect of dilutive securities
Operating partnership units			569				624,106								398				624,106
Restricted stock grants and Manager and director fee shares			23				25,333								31				48,051

Diluted EPS
Consolidated income attributable to common stockholders and dilutive securities		$	14,825				16,174,164			$	0.92			$	9,474				14,801,319			$	0.64