EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

11.   EARNINGS PER SHARE

The following information sets forth the computations of basic and diluted earnings per common share from continuing operations and discontinued operations held for sale for the years ended December 31, 2015, 2014 and 2013 ($ in thousands, except share and per share data):

	For the year ended December 31,
	2015		2014		2013
Net income from continuing operations, less non-controlling interests	$	27,300	$	22,529	$	12,329
Net income from discontinued operations held for sale, net of income taxes	$	6,985	$	1,867	$	1,437
Divided by:
Basic weighted average shares of common stock outstanding:	28,501,897		28,459,309		18,989,500
Non-vested restricted stock	95,671		125,713		48,652
Diluted weighted average shares of common stock outstanding:	28,597,568		28,585,022		19,038,152
Basic earnings per common share (1):
Net income from continuing operations	$	0.96	$	0.79	$	0.65
Net income from discontinued operations held for sale	$	0.25	$	0.07	$	0.08
Net income	$	1.20	$	0.86	$	0.72
Diluted earnings per common share (1):
Net income from continuing operations	$	0.95	$	0.79	$	0.65
Net income from discontinued operations held for sale	$	0.24	$	0.07	$	0.08
Net income	$	1.20	$	0.85	$	0.72

(1) The Company has considered the impact of the 2015 Convertible Notes and the restricted shares on diluted earnings per common share. The number of shares of common stock that the 2015 Convertible Notes are convertible into were not included in the computation of diluted net income per common share because the inclusion of those shares would have been anti-dilutive for the years ended December 31, 2014 and 2013.