Net Income per Common Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common Share

The following summarizes the calculation of net income per common share attributable to common shareholders for the three months ended March 31, 2019 and 2018:

	Three Months Ended   March 31,
(in thousands, except per share data)	2019			2018
Numerator:
Net income (loss)	$	(14,096	)	$	8,151
Less: income allocated to unvested restricted shares	—			(323		)
Net income (loss) attributable to common shareholders - basic and diluted	$	(14,096	)	$	7,828
Denominator:
Weighted average shares outstanding - basic and diluted	60,376			59,969
Net income (loss) per share attributable to common shareholders:
Basic and diluted	$	(0.23	)	$	0.13