EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

The table below reconciles the numerator and denominator of EPS for the years ended December 31, 2019, 2018 and 2017.

(in thousands, except per-share information)
				2019		2018		2017
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per share of common stock:
	Net income (loss) - Basic and diluted		$	24,265	$	(44,387)	$	2,007
Weighted average shares of common stock:
	Shares of common stock outstanding at the balance sheet date			63,062		49,132		53,062
	Unvested dividend eligible share based compensation
		outstanding at the balance sheet date		63		-		42
	Effect of weighting			(6,797)		3,066		(12,042)
Weighted average shares-basic and diluted				56,328		52,198		41,062
Net income (loss) per common share:
	Basic and diluted		$	0.43	$	(0.85)	$	0.05
Anti-dilutive incentive shares not included in calculation.				-		56		-