Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Tables)

v3.10.0.1
Earnings per Share of Common Stock (Tables)
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share of Common Stock
The computation of basic and diluted earnings per common share of common stock is as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Numerator:
2018
 
2017
 
2018
 
2017
 
(in millions, except share and per share data)
Net income (loss) attributable to controlling stockholders and participating securities
$
17.3

 
$
12.3

 
$
16.0

 
$
19.5

Less: Dividends paid on participating securities
(0.4
)
 
(0.4
)
 
(0.9
)
 
(0.9
)
Undistributed earnings attributable to participating securities
—

 
—

 
—

 
—

Net income (loss) attributable to controlling stockholders
$
16.9

 
$
11.9

 
$
15.1

 
$
18.6

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares — basic
52,051,253

 
50,573,996

 
51,882,021

 
49,044,051

Weighted-average number of common shares — diluted
52,051,253

 
50,573,996

 
51,882,021

 
49,044,051

Basic earnings per common share
$
0.32

 
$
0.23

 
0.29

 
0.38

Diluted earnings per common share
$
0.32

 
$
0.23

 
0.29

 
0.38

Other Information:
 
 
 
 
 
 
 
Weighted-average number of OP units
281,289

 
284,992

 
282,619

 
284,992

Unvested restricted common stock outstanding (i.e. participating securities)
 
 
 
 
1,312,768

 
1,416,629