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Earnings per Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings per Share
3. Earnings per Share

 

Earnings per share (“EPS”) have been computed by dividing income available to common shares by the weighted-average number of common shares outstanding during the period. Shares issued during the period shall be weighted for the portion of the period that they were outstanding.

  

The following table details our basic and diluted earnings per common share calculation:

  

    For the Three Months Ended
September 30,
    For the Nine Months Ended
September 30,
 
    2020     2019     2020     2019  
Net income (loss)   $ 7,693     $ (7,766 )   $ 8,548     $ (19,158 )
Net (income) attributable to non-controlling interest           (21 )     (400 )     (583 )
Net income (loss) attributable to common shares   $ 7,693     $ (7,787 )   $ 8,148     $ (19,741 )
                                 
Weighted-average common shares outstanding — basic and diluted     8,717,767       8,717,767       8,717,767       8,717,767  
                                 
EPS - attributable to common shares — basic and diluted   $ 0.88     $ (0.89 )   $ 0.93     $ (2.26 )