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


	Years ended December 31,
	2012		2011		2010
Numerator (both basic and diluted):
Net income (loss) available to common stockholders	$	20,854	$	47,163	$	(43,563	)

Denominator:
Denominator for basic earnings per share		40,505,555		40,375,013		39,714,053
Stock options		167,986		382,436		—
Unvested restricted stock		601,752		779,180		—

Denominator for diluted earnings per share		41,275,293		41,536,629		39,684,231

Basic earnings per common share:
Net income (loss) available to common stockholders	$	0.51	$	1.17	$	(1.10	)

Diluted earnings per common share:
Net income (loss) available to common stockholders	$	0.51	$	1.14	$	(1.10	)