Earnings per Share |
Earnings per Share
The following table sets forth the components of basic and diluted EPS ($ in thousands, except per share): | | | | | | | | | | | | | Three months ended March 31, 2019 | | Income (Numerator) | | Shares (Denominator) | | Per Share Amount | Basic EPS | | | | | | Consolidated net income attributable to common stockholders | $ | 7,330 |
| | 18,811,713 |
| | | Allocation of earnings to participating restricted shares | (84 | ) | | — |
| | | Consolidated net income attributable to unrestricted common stockholders | $ | 7,246 |
| | 18,811,713 |
| | $ | 0.39 |
| Effect of dilutive securities | | | | | | Operating Partnership units | 239 |
| | 624,106 |
| | | Restricted stock grants and Manager and director fee shares | 84 |
| | 217,316 |
| | | Interest expense (add back) and assumed conversion of shares from convertible senior notes | 2,549 |
| | 8,176,313 |
| | | Diluted EPS | | | | | | Consolidated net income attributable to common stockholders and dilutive securities | $ | 10,118 |
| | 27,829,448 |
| | $ | 0.36 |
|
| | | | | | | | | | | | | Three months ended March 31, 2018 | | Income (Numerator) | | Shares (Denominator) | | Per Share Amount | Basic EPS | | | | | | Consolidated net income attributable to common stockholders | $ | 7,665 |
| | 18,508,089 |
| | | Allocation of earnings to participating restricted shares | (88 | ) | | — |
| | | Consolidated net income attributable to unrestricted common stockholders | $ | 7,577 |
| | 18,508,089 |
| | $ | 0.41 |
| Effect of dilutive securities | | | | | | Operating Partnership units | 259 |
| | 624,106 |
| | | Restricted stock grants and Manager and director fee shares | 88 |
| | 215,747 |
| | | Interest expense (add back) and assumed conversion of shares from convertible senior notes | 2,142 |
| | 7,047,216 |
| | | Diluted EPS | | | | | | Consolidated net income attributable to common stockholders and dilutive securities | $ | 10,066 |
| | 26,395,158 |
| | $ | 0.38 |
|
|