Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2019 and 2018 (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Earnings per Common Share - basic:
Numerator:
Net income (loss)	$	(22,582	)	$	21,749		$	13,423		$	38,155
Net loss (income) attributable to noncontrolling interests in CPLP from continuing operations	265			(410		)	(323		)	(697		)
Net income attributable to other noncontrolling interests	(92		)	(63		)	(168		)	(139		)
Net income (loss) available to common stockholders	$	(22,409	)	$	21,276		$	12,932		$	37,319
Denominator:
Weighted average common shares - basic	112,926			105,073			109,049			105,056
Net income (loss) per common share - basic	$	(0.20	)	$	0.20		$	0.12		$	0.36
Earnings per common share - diluted:
Numerator:
Net income (loss)	$	(22,582	)	$	21,749		$	13,423		$	38,155
Net income attributable to other noncontrolling interests	(92		)	(63		)	(168		)	(139		)
Net income (loss) available for common stockholders before net income attributable to noncontrolling interests in CPLP	$	(22,674	)	$	21,686		$	13,255		$	38,016
Denominator:
Weighted average common shares - basic	112,926			105,073			109,049			105,056
Add:
Potential dilutive common shares - stock options	—			58			29			61
Weighted average units of CPLP convertible into     common shares	1,744			1,744			1,744			1,744
Weighted average common shares - diluted	114,670			106,875			110,822			106,861
Net income (loss) per common share - diluted	$	(0.20	)	$	0.20		$	0.12		$	0.36
Anti-dilutive stock options outstanding	27			—			—			3