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EARNINGS PER SHARE (''EPS'')
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE ("EPS")
EARNINGS PER SHARE (“EPS”)

The computations of basic EPS are based on our weighted average shares outstanding. The basic weighted average shares of Common Stock outstanding were 91,328,000, 97,588,000 and 97,173,000 for the years ended December 31, 2016, 2015 and 2014, respectively.  For the years ended December 31, 2016, 2015 and 2014, the diluted weighted average shares of Common Stock outstanding were increased by 0, 0 and 3,000 shares, respectively, to reflect the dilutive effect of stock options. Outstanding shares of Series A Preferred Stock and Warrants were not included in the computation of diluted EPS for the year ended December 31, 2016 because their impact was deemed to be anti-dilutive. Options to purchase 11,850 shares of Common Stock were not included in the computation of diluted EPS for the year ended December 31, 2014 because their impact was deemed to be anti-dilutive.

EPS for the year-to-date period may differ from the sum of quarterly EPS amounts due to the required method for computing EPS in the respective periods. In addition, EPS is calculated independently for each component and may not be additive due to rounding.

The following table reconciles the numerator and denominator used in computing our basic and diluted per-share computations for net income available to common stockholders for the years ended December 31, 2016, 2015 and 2014:

 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(in thousands, except share and per share amounts)
Numerator:
 
 
 
 
 
Net income from continuing operations
$
30,712

 
$
6,112

 
$
13,143

Net income attributable to noncontrolling interests
(18
)
 
(11
)
 
(220
)
Redeemable preferred stock dividends
(9
)
 
—

 
—

Numerator for basic and diluted net income from continuing operations available to common stockholders
30,685

 
6,101

 
12,923

Net income from discontinued operations
3,853

 
18,291

 
11,455

Numerator for basic and diluted net income available to common stockholders
$
34,538

 
$
24,392

 
$
24,378

Denominator:
 
 
 
 
 
Basic weighted average shares outstanding
91,328

 
97,588

 
97,173

Effect of dilutive securities—contingently issuable shares and stock options
—

 
—

 
3

Diluted weighted average shares and common stock equivalents outstanding
91,328

 
97,588

 
97,176

Basic and diluted net income available to common stockholders per share:
 
 
 
 
 
Continuing operations
$
0.34

 
$
0.06

 
$
0.13

Discontinued operations
0.04

 
0.19

 
0.12

Net income
$
0.38

 
$
0.25

 
$
0.25