EQUITY

Earnings Per Share (EPS)

Basic net income per share attributable to common stockholders is based upon the weighted average number of shares of common stock outstanding during the year. Diluted net income per share attributable to common stockholders is based upon the weighted-average number of shares of common stock outstanding and the weighted average number of shares outstanding assuming the vesting of restricted stock grants per ASC 260, “Earnings Per Share.”



	Three Months Ended June 30,		Six Months Ended June 30,
	2018	2017	2018	2017
Weighted average number of shares outstanding:
Common stock	25,950,851	20,855,112	25,931,940	20,841,627
Common stock equivalents	19,748	22,837	29,198	44,003
Diluted shares outstanding	25,970,599	20,877,949	25,961,138	20,885,630