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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted net income per share
A reconciliation of the components of pro forma basic and diluted earnings per common share is presented in the table below:
 
 
Three Months Ended June 30, 2012
 
 
 
 
 
 
Per
 
 
Income
 
Shares
 
Share
Basic:
 
 
 
 
 
 
Pro forma net income attributable to common stock
 
$
8,767,000

 
14,697,496

 
$
0.60

Effect of Dilutive Securities:
 
 
 
 
 
 
Dilutive effect of potential common shares issuable
 
$

 

 
 
Diluted:
 
 
 
 
 
 
Pro forma net income attributable to common stock
 
$
8,767,000

 
14,697,496

 
$
0.60

 
 
Six Months Ended June 30, 2012
 
 
 
 
 
 
Per
 
 
Income
 
Shares
 
Share
Basic:
 
 
 
 
 
 
Pro forma net income attributable to common stock
 
$
9,717,000

 
14,697,496

 
$
0.66

Effect of Dilutive Securities:
 
 
 
 
 
 
Dilutive effect of potential common shares issuable
 
$

 

 
 
Diluted:
 
 
 
 
 
 
Pro forma net income attributable to common stock
 
$
9,717,000

 
14,697,496

 
$
0.66

A reconciliation of the components of basic and diluted earnings per common share is presented in the table below:
 
 
Three Months Ended June 30, 2013
 
 
 
 
 
 
Per
 
 
Income
 
Shares
 
Share
Basic:
 
 
 
 
 
 
Net income attributable to common stock
 
$
14,471,000

 
39,402,282

 
$
0.37

Effect of Dilutive Securities:
 
 
 
 
 
 
Dilutive effect of potential common shares issuable
 
$

 
316,292

 
 
Diluted:
 
 
 
 
 
 
Net income attributable to common stock
 
$
14,471,000

 
39,718,574

 
$
0.36

 
 
Six Months Ended June 30, 2013
 
 
 
 
 
 
Per
 
 
Income
 
Shares
 
Share
Basic:
 
 
 
 
 
 
Net income attributable to common stock
 
$
19,867,000

 
38,237,149

 
$
0.52

Effect of Dilutive Securities:
 
 
 
 
 
 
Dilutive effect of potential common shares issuable
 
$

 
239,570

 
 
Diluted:
 
 
 
 
 
 
Net income attributable to common stock
 
$
19,867,000

 
38,476,719

 
$
0.52