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Dividends and Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Dividends Declared
Dividend and dividend equivalent information for year to date periods ended June 30, 2017 and 2016 is detailed below:
Dividend and Dividend Equivalent Information (per Share and Unit)
Declaration date
 
Payment date
 
Declared
 
Paid
 
Total payment
2017
 
 
 
 
 
 
 
 
February 15, 2017
 
March 24, 2017
 
$
0.04

 
$
0.04

 
$
688

May 2, 2017
 
June 9, 2017
 
0.04

 
0.04

 
688

 
 
 
 
$
0.08

 
$
0.08

 
$
1,376

2016
 
 
 
 
 
 
 
 
March 7, 2016
 
April 14, 2016
 
$
0.08

 
$
0.08

 
$
1,378

Schedule of Earnings Per Share, Basic and Diluted
The computations of basic and diluted earnings per share for the quarter and year to date periods ended June 30, 2017 and 2016 are as follows:
 
 
Quarter Ended
 
Year to Date Ended
 
 
June 30,
2017
 
June 30,
2016
 
June 30,
2017
 
June 30,
2016
Operations:
 
 
 
 
 
 
 
 
Net income(a)
 
$
6,369

 
$
6,308

 
$
15,047

 
$
13,367

Income attributable to participating securities(b)
 
183

 
240

 
433

 
506

Net income attributable to common shareholders
 
$
6,186

 
$
6,068

 
$
14,614

 
$
12,861

 
 
 
 
 
 
 
 
 
Share information:
 
 
 
 
 
 
 
 
Basic and diluted weighted average common shares(c)
 
16,745,679

 
16,617,857

 
16,727,305

 
16,612,416

 
 
 
 
 
 
 
 
 
Basic and diluted earnings per share
 
$
0.37

 
$
0.37

 
$
0.87

 
$
0.77

 
 
 
 
 
 
 
 
 
(a) 
Net income attributable to all shareholders.
(b) 
At June 30, 2017 and 2016, participating securities included 497,492 and 525,986 nonvested restricted stock units, respectively, and 0 and 128,500 nonvested shares of restricted stock, respectively.
(c) 
Under the two-class method, weighted average common shares at June 30, 2017 and 2016, exclude nonvested, participating securities of 497,492 and 654,486, respectively.