Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share of Common Stock (Tables)

v2.4.0.8
Earnings per Share of Common Stock (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):

 

Numerator:

    Three Months Ended
March 31, 2014		  

Net income attributable to controlling shareholders and participating securities

    $ 2,753   

Less: Dividends paid on participating securities

      (127 ) 

Undistributed earnings attributable to participating securities

      —     
  

 

 

  

Net income attributable to controlling shareholders

    $ 2,626   
  

 

 

  

 

Denominator:

    Three Months Ended
March 31, 2014		  

Weighted-average number of common shares — basic

      15,892,927   
  

 

 

  

Weighted-average number of common shares — diluted

      16,494,309   
  

 

 

  

Net income per share attributable to common shares — basic

    $ 0.17   
  

 

 

  

Net income per share attributable to common shares — diluted

    $ 0.17