Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings per Share

The computations of basic and diluted earnings per share for the three months ended March 31, 2016 and 2015 were as follows (in thousands, except per share data):

	Three Months Ended March 31,
	2016			2015
Numerator:
Net income	$	2,379		$	29,398
Net loss attributable to noncontrolling interests in subsidiaries	5			108
Allocation of earnings to unvested restricted share awards	(90		)	(108		)
Adjusted net income attributable to the controlling interests	$	2,294		$	29,398
Denominator:
Weighted average shares outstanding – basic	68,301			68,141
Effect of dilutive securities:
Employee restricted share awards	187			50
Weighted average shares outstanding – diluted	68,488			68,191
Basic net income attributable to the controlling interests per common share	$	0.03		$	0.43
Diluted net income attributable to the controlling interests per common share	$	0.03		$	0.43