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Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share

The following represent the calculation of basic and diluted earnings per share:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Net income

 

$

9,755

 

 

$

1,565

 

 

$

22,461

 

 

$

2,814

 

Less: Dividends on preferred shares

 

 

195

 

 

 

—

 

 

 

11,081

 

 

 

—

 

Net income available to common stockholders

 

$

9,560

 

 

$

1,565

 

 

$

11,380

 

 

$

2,814

 

Weighted-average common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding (basic)

 

 

29,246,900

 

 

 

19,497,811

 

 

 

26,194,025

 

 

 

18,838,354

 

Incremental shares

 

 

505,431

 

 

 

265,623

 

 

 

503,816

 

 

 

265,623

 

Weighted-average common stock outstanding (dilutive)

 

 

29,752,331

 

 

 

19,763,434

 

 

 

26,697,841

 

 

 

19,103,977

 

Basic earnings per common share

 

$

0.33

 

 

$

0.08

 

 

$

0.43

 

 

$

0.15

 

Diluted earnings per common share

 

$

0.32

 

 

$

0.08

 

 

$

0.43

 

 

$

0.15