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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the periods presented (in thousands, except per share amounts):

 

 

 

For the Year Ended December 31,

 

 

 

 

2019

 

 

2018

 

 

2017

 

 

Numerator for earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

99,438

 

 

$

(1,614

)

 

$

56,359

 

 

Net income attributable to noncontrolling interests

 

 

 

 

 

 

 

 

2,836

 

 

Net income (loss) attributable to redeemable noncontrolling interests in the Operating Partnership

 

 

298

 

 

 

(5

)

 

 

149

 

 

Net income (loss) attributable to common stockholders

 

$

99,140

 

 

$

(1,609

)

 

$

53,374

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

24,116

 

 

 

21,189

 

 

 

21,057

 

 

Denominator for basic earnings (loss) per share

 

 

24,116

 

 

 

21,189

 

 

 

21,057

 

 

Weighted average unvested restricted stock units

 

 

477

 

 

 

478

 

 

 

342

 

 

Denominator for diluted earnings (loss) per share

 

 

24,593

 

 

 

21,667

 

 

 

21,399

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per weighted average common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

4.11

 

 

$

(0.08

)

 

$

2.53

 

 

Diluted

 

$

4.03

 

 

$

(0.08

)

 

$

2.49