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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
 
 Year Ended December 31,
(in thousands, except per share data)
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
 
Net income
 
$
8,866

 
$
8,128

 
$
6,854

Less: Net income attributable to noncontrolling interests
 
(532
)
 
(197
)
 
(116
)
Distributions paid on unvested restricted shares
 
(456
)
 
(620
)
 
(528
)
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares
 
7,878

 
7,311

 
6,210

Income from discontinued operations
 

 

 
11

Less: Net income attributable to noncontrolling interests
 

 

 

Income from discontinued operations attributable to Whitestone REIT
 

 

 
11

Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares
 
$
7,878

 
$
7,311

 
$
6,221

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average number of common shares - basic
 
35,428

 
27,618

 
24,631

Effect of dilutive securities:
 
 
 
 
 
 
Unvested restricted shares
 
827

 
765

 
1,052

Weighted average number of common shares - dilutive
 
36,255

 
28,383

 
25,683

 
 
 
 
 
 
 
Earnings Per Share:
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares
 
$
0.22

 
$
0.26

 
$
0.25

Income from discontinued operations attributable to Whitestone REIT
 
0.00

 
0.00

 
0.00

Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares
 
$
0.22

 
$
0.26

 
$
0.25

Diluted:
 
 
 
 
 
 
Income from continuing operations attributable to Whitestone REIT excluding amounts attributable to unvested restricted shares
 
$
0.22

 
$
0.26

 
$
0.24

Income from discontinued operations attributable to Whitestone REIT
 
0.00

 
0.00

 
0.00

Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares
 
$
0.22

 
$
0.26

 
$
0.24