Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 10: Earnings (Loss) Per Share

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2016, 2015 and 2014:

	For the Years Ended December 31
	2016			2015			2014
Net Income (loss)	$	(9,555	)	$	30,156		$	2,944
(Income) loss allocated to preferred shares		-			-			-
(Income) loss allocated to non-controlling interests		(246	)		(1,914	)		(4	)
Net Income (loss) allocable to common shares		(9,801	)		28,242			2,940
Weighted-average shares outstanding—Basic		52,182,427			36,153,673			21,315,928
Dilutive securities		-			6,601			216,743
Weighted-average shares outstanding—Diluted		52,182,427			36,160,274			21,532,671
Earnings (loss) per share—Basic	$	(0.19	)	$	0.78		$	0.14
Earnings (loss) per share—Diluted	$	(0.19	)	$	0.78		$	0.14

Certain IROP units, stock appreciation rights, or SARs, and unvested shares totaling 3,175,720, 3,156,184, and 1,282,450 for the years ended December 31, 2016, 2015 and 2014, respectively, were excluded from the earnings (loss) per share computation because their effect would have been anti-dilutive.