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Earnings per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
The following table sets forth the components of basic and diluted EPS ($ in thousands, except per share):

Three months ended June 30, 2021Three months ended June 30, 2020
Income
(Numerator)		Shares
(Denominator)		Per Share
Amount		Income
(Numerator)		Shares
(Denominator)		Per Share
Amount
Basic EPS
Consolidated net income attributable to common stockholders$10,378 22,825,804 $6,242 22,808,943 
Allocation of earnings to participating restricted shares(78)— (33)— 
Consolidated net income attributable to unrestricted common stockholders$10,300 22,825,804 $0.45 $6,209 22,808,943 $0.27 
Effect of dilutive securities(1)
Restricted stock grants and Manager and director fee shares(2)
— — 33 120,906 
Interest expense (add back) and assumed conversion of shares from convertible senior notes(3)
2,255 7,372,892 — — 
Diluted EPS
Consolidated net income attributable to common stockholders and dilutive securities$12,555 30,198,696 $0.42 $6,242 22,929,849 $0.27 
(1)The Company's outstanding warrants for an addition 6,500,000 shares of common stock and effect of the put option share settlement would have an anti-dilutive effect on diluted earnings per share for the three months ended June 30, 2021 and June 30, 2020, and have not been included in the calculation.
(2)The effect of restricted stock grants and manager and director fee shares on the Company's diluted EPS calculation for the three months ended June 30, 2021 would have been anti-dilutive and has been removed from the calculation.
(3)The effect of interest expense and assumed conversion of shares from convertible notes on the Company's diluted EPS calculation for the three months ended June 30, 2020 would have been anti-dilutive and has been removed from the calculation.
Six months ended June 30, 2021Six months ended June 30, 2020
Income
(Numerator)		Shares
(Denominator)		Per Share
Amount		Income
(Numerator)		Shares
(Denominator)		Per Share
Amount
Basic EPS
Consolidated net income attributable to common stockholders$17,382 22,821,416$6,642 22,439,648
Allocation of earnings to participating restricted shares(130)—(35)—
Consolidated net income attributable to unrestricted common stockholders$17,252 22,821,416$0.76 $6,607 22,439,648$0.29 
Effect of dilutive securities(1)
Restricted stock grants and Manager and director fee shares(2)
— —35 120,268
Interest expense (add back) and assumed conversion of shares from convertible senior notes(3)
4,599 7,520,222— — 
Diluted EPS
Consolidated net income attributable to common stockholders and dilutive securities$21,851 30,341,638$0.72 $6,642 22,559,916$0.29 
(1)The Company's outstanding warrants for an addition 6,500,000 shares of common stock and effect of the put option share settlement would have an anti-dilutive effect on diluted earnings per share for the six months ended June 30, 2021 and June 30, 2020, and have not been included in the calculation.
(2)The effect of restricted stock grants and manager and director fee shares on the Company's diluted EPS calculation for the six months ended June 30, 2021 would have been anti-dilutive and has been removed from the calculation.
(3)The effect of interest expense and assumed conversion of shares from convertible notes on the Company's diluted EPS calculation for the six months ended June 30, 2020 would have been anti-dilutive and has been removed from the calculation.