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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2015

 

2014

 

2015

 

2014

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,583 

 

$

4,127 

 

$

26,732 

 

$

12,834 

Less: Undistributed earnings allocated to participating securities

 

 

(358)

 

 

(70)

 

 

(890)

 

 

(179)

Net income allocable to common stockholders

 

$

10,225 

 

$

4,057 

 

$

25,842 

 

$

12,655 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic and diluted:

 

 

20,601,218 

 

 

21,133,708 

 

 

20,556,146 

 

 

18,635,986 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

0.50 

 

$

0.19 

 

$

1.26 

 

$

0.68