Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share of Common Stock

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(Loss) Earnings Per Share of Common Stock
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE OF COMMON STOCK
(LOSS) EARNINGS PER SHARE OF COMMON STOCK
The following table sets forth the computation of basic and diluted (loss) earnings per common share for the three and six months ended June 30, 2018 and 2017, computed using the weighted average number of shares outstanding during the respective periods. Net (loss) income figures are presented net of non-controlling interests in the earnings per share calculations. The non-controlling limited partners’ outstanding OP Units (which may be redeemed for shares of common stock) have been excluded from the diluted (loss) earnings per share calculation, as there would be no effect on the amounts since the non-controlling limited partners’ share of (loss) income would also be added back to net (loss) income.
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
(Dollars in thousands, except per-share amounts)
Net (loss) income attributable to common stockholders
 
$
(1,745
)
 
$
227

 
$
(2,042
)
 
$
379

Weighted average shares of common shares outstanding – basic and diluted
 
15,506,512

 
11,850,624

 
14,736,400

 
11,127,199

(Loss) earnings per common share – basic and diluted
 
$
(0.11
)
 
$
0.02

 
$
(0.14
)
 
$
0.03


The weighted-average number of OP Units held by non-controlling limited partners was 913,552 and 945,236, for the three and six months ended June 30, 2018, respectively, and 1,449,258 for each of the three and six months ended June 30, 2017.