| Summary of elements used in calculating basic and diluted earnings per common share |
The following is a summary of the elements used in calculating basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2012: | | | | | | | | | | For the Three Months Ended June 30, | | 2013 |
| 2012 | Net income attributable to Maiden common shareholders | | $ | 20,205 |
| | $ | 14,541 |
| Amount allocated to participating common shareholders (1) | | (26 | ) | | — |
| Net income allocated to Maiden common shareholders | | $ | 20,179 |
| | $ | 14,541 |
| | | | | | Weighted average number of common shares outstanding – basic | | 72,454,400 |
| | 72,258,550 |
| Potentially dilutive securities: | | | | | Share options and restricted share units | | 1,229,901 |
| | 782,376 |
| Weighted average number of common shares outstanding – diluted | | 73,684,301 |
| | 73,040,926 |
| Basic earnings per share attributable to Maiden common shareholders: | | $ | 0.28 |
| | $ | 0.20 |
| Diluted earnings per share attributable to Maiden common shareholders: | | $ | 0.27 |
| | $ | 0.20 |
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9. Earnings per Common Share (continued) | | | | | | | | | | For the Six Months Ended June 30, | | 2013 | | 2012 | Net income attributable to Maiden common shareholders | | $ | 45,191 |
| | $ | 34,918 |
| Amount allocated to participating common shareholders (1) | | (68 | ) | | — |
| Net income allocated to Maiden common shareholders | | $ | 45,123 |
| | $ | 34,918 |
| | | | | | Weighted average number of common shares outstanding – basic | | 72,435,982 |
| | 72,242,440 |
| Potentially dilutive securities: | | | | | Share options and restricted share units | | 1,160,812 |
| | 821,219 |
| Weighted average number of common shares outstanding – diluted | | 73,596,794 |
| | 73,063,659 |
| Basic earnings per share attributable to Maiden common shareholders: | | $ | 0.62 |
| | $ | 0.48 |
| Diluted earnings per share attributable to Maiden common shareholders: | | $ | 0.61 |
| | $ | 0.48 |
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