The Company’s basic and diluted average weighted shares outstanding used to determine basic and diluted earnings per share for the year ended December 31, 2013 were determined as follows:
Year ended December 31, 2013:
Basic weighted average shares/units outstanding:
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Basic weighted average units outstanding for the six months ended June 30, 2013 |
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5,167,709 |
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Basic weighted average Class A shares outstanding for the six months ended December 31, 2013 |
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|
2,977,767 |
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Total shares/units for purposes of calculating basic net income per share/unit |
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8,145,476 |
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Diluted weighted average shares/units outstanding:
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Diluted weighted average units outstanding for the six months ended June 30, 2013 (1) |
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5,396,258 |
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Diluted weighted average Class A shares outstanding for the six months ended December 31, 2013 |
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|
2,977,767 |
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Total shares/ units for purposes of calculating diluted net income per share/ unit |
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8,374,025 |
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(1) |
Includes 228,549 performance units which are conditionally issuable Class B units that would be issuable if June 30, 2013 was the end of the contingency period. |
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