Exhibit 99.1

FOR IMMEDIATE RELEASE		4714 Gettysburg Road Mechanicsburg, PA 17055 NYSE Symbol: SEM

Select Medical Holdings Corporation Announces Results for
Second Quarter Ended June 30, 2010

MECHANICSBURG, PENNSYLVANIA — August 5, 2010 — Select Medical Holdings Corporation (“Select”) (NYSE: SEM), today announced results for its second quarter ended June 30, 2010.

For the second quarter ended June 30, 2010, net operating revenues increased 3.6% to $579.9 million compared to $559.5 million for the same quarter, prior year. Income from operations increased 11.0% to $72.6 million compared to $65.4 million for the same quarter, prior year. Net income attributable to Select increased 23.6% to $24.5 million compared to $19.8 million for the same quarter, prior year. Net income attributable to Select for the quarter ended June 30, 2009 included a gain on early retirement of debt, net of tax, of $2.0 million. Additionally, net income before interest, income taxes, depreciation and amortization, gain on early retirement of debt, stock compensation expense and other income (“Adjusted EBITDA”) for the second quarter increased 7.2% to $89.6 million compared to $83.6 million for the same quarter, prior year. A reconciliation of net income to Adjusted EBITDA is attached to this release. Income per common share for the second quarter ended June 30, 2010 was $0.15 on a fully diluted basis and weighted average diluted shares outstanding were 159,975,000. On September 30, 2009, Select completed an initial public offering that resulted in the issuance of 30,000,000 shares of common stock. On October 28, 2009, the underwriters exercised their over-allotment option to purchase an additional 3,603,000 shares of common stock. Upon completion of the initial public offering, Select’s participating preferred stock converted into a total of 64,277,000 common shares.

Select’s income per common share for the quarter ended June 30, 2009 was $0.19, which included a non-recurring gain related to the early retirement of debt. Excluding this item, on an adjusted basis income available to common stockholders was $0.16 per diluted share for the quarter ended June 30, 2009. A reconciliation of net income per share to adjusted net income per share is attached to this release.

For the six months ended June 30, 2010, net operating revenues increased 3.9% to $1,164.7 million compared to $1,120.7 million for the same period, prior year. Income from operations increased 9.2% to $145.2 million compared to $133.0 million for the same period, prior year. Net income attributable to Select increased 8.7% to $48.7 million compared to $44.8 million for the same period, prior year. Net income attributable to Select for the six months ended June 30, 2009 includes a gain on early retirement of debt, net of tax, of $8.9 million. Additionally, Adjusted EBITDA for the six months ended June 30, 2010 increased 6.6% to $180.5 million compared to $169.3 million for the same period, prior year. A reconciliation of net income to Adjusted EBITDA is attached to this release. Income per common share for the six months ended June 30, 2010 was $0.30 on a fully diluted basis and weighted average diluted shares outstanding were 159,984,000. On September 30, 2009, Select completed an initial public offering that resulted in the issuance of 30,000,000 shares of common stock. On October 28, 2009, the underwriters exercised their over-allotment option to purchase an additional 3,603,000 shares of common stock. Upon completion of the initial public offering, Select’s participating preferred stock converted into a total of 64,277,000 common shares.

Select’s income per common share for the six months ended June 30, 2009 was $0.47, which included a non-recurring gain related to the early retirement of debt. Excluding this item, on an adjusted basis income available to common stockholders was $0.34 per diluted share for the six months ended June 30, 2009. A reconciliation of net income per share to adjusted net income per share is attached to this release.

Specialty Hospitals

At June 30, 2010, Select operated 89 long term acute care hospitals and six acute medical rehabilitation hospitals. This compares to 87 long term acute care hospitals and five acute medical rehabilitation hospitals operated at June 30, 2009. For the second quarter of 2010, net operating revenues for all of Select’s hospitals increased 4.3% to $403.1 million compared to $386.3 million for the same quarter, prior year. Total patient days for the second quarter of 2010 were 264,898, admissions were 10,616 and net revenue per patient day was $1,474. This compares to 252,710 days, 10,504 admissions and net revenue per patient day of $1,491 for the same quarter, prior year. For the hospitals opened or acquired as of January 1, 2009 and operated by Select throughout both periods, patient days in the second quarter of 2010 were 258,884 and admissions were 10,304, compared to 251,136 days and 10,433 admissions in the same quarter, prior year. Adjusted EBITDA for the specialty hospital segment increased 3.4% to $73.3 million compared to $71.0 million for the same quarter, prior year. The Adjusted EBITDA margin for the segment was 18.2% for the second quarter of 2010, compared to 18.4% for the same quarter, prior year. The Adjusted EBITDA margin for the hospitals opened or acquired as of January 1, 2009 and operated by Select throughout both periods was 18.5% for the second quarter of 2010, compared to 18.4% for the same quarter, prior year.

For the six months ended June 30, 2010, net operating revenues for all of Select’s hospitals increased 4.5% to $814.8 million compared to $779.6 million for the same period, prior year. Total patient days for the six months ended June 30, 2010 were 532,746, admissions were 21,717 and net revenue per patient day was $1,483. This compares to 508,983 days, 21,309 admissions and net revenue per patient day of $1,494 for the same period, prior year. For the hospitals opened or acquired as of January 1, 2009 and operated by Select throughout both periods, patient days for the six months ended June 30, 2010 were 521,823, and admissions were 21,122, compared to 505,403 days and 21,164 admissions in the same period, prior year. Adjusted EBITDA for the segment for the six months ended June 30, 2010 increased 5.8% to $156.2 million compared to $147.7 million for the same period, prior year. The Adjusted EBITDA margin for the segment for the six months ended June 30, 2010 was 19.2%, compared to 19.0% for the same period, prior year. The Adjusted EBITDA margin for the hospitals opened or acquired as of January 1, 2009 and operated by Select throughout both periods was 19.7% for the six months ended June 30, 2010, compared to 19.0% for the same period, prior year.

Outpatient Rehabilitation

At June 30, 2010, Select operated 953 outpatient clinics. This compares to 948 outpatient clinics at June 30, 2009. For the second quarter of 2010, net operating revenues for the outpatient rehabilitation segment increased 2.1% to $176.8 million compared to $173.2 million for the same quarter, prior year. Adjusted EBITDA for the segment for the second quarter increased 2.6% to $26.0 million compared to $25.3 million for the same quarter, prior year. The Adjusted EBITDA margin for the segment for the quarter was 14.7% compared to 14.6% in the same quarter, prior year. Patient visits for the quarter were 1,172,212 compared to 1,163,341 for the same quarter, prior year. Net revenue per visit was $101 in both quarters.

For the six months ended June 30, 2010, net operating revenues were $349.9 million compared to $341.0 million for the same period, prior year. Adjusted EBITDA for the six months ended June 30, 2010 decreased 0.2% to $46.5 million compared to $46.6 million for the same period, prior year. The Adjusted EBITDA margin for the six months ended June 30, 2010 was 13.3% compared to 13.7% in the same period, prior year. Patient visits for the six months ended June 30, 2010 were 2,298,170 compared to 2,259,637 for the same period, prior year. Net revenue per visit was $101 for the six months ended June 30, 2010 compared to $102 for the same period, prior year.

Agreement to Purchase Regency Hospital Company, L.L.C.

On June 18, 2010, the Company entered into an agreement to acquire all the issued and outstanding equity securities of Regency Hospital Company, L.L.C. (“Regency”) an operator of long-term acute care hospitals, for approximately $210 million, including certain assumed liabilities. The purchase price is subject to adjustment based on Regency’s net working capital on the closing date.

Regency operates a network of 23 long-term acute care hospitals, located in 9 states. The transaction, which is expected to close in the third quarter of 2010, is subject to a number of closing conditions, including clearance under the Hart-Scott-Rodino antitrust Improvements Act of 1976, as amended, and receipt of certain healthcare regulatory approvals.

Business Outlook

The Company intends to revise its 2010 business outlook upon the closing of the Regency Transaction.

Conference Call

The Company will host a conference call regarding its second quarter results and its business outlook on Friday, August 6, 2010, at 9:00 am EDT. The domestic dial in number for the call is 1-866-788-0541. The international dial in number is 1-857-350-1679. The passcode for the call is 10011638. The conference call will be webcast simultaneously and can be accessed at Select Medical Holdings Corporation’s website http://www.selectmedicalholdings.com.

For those unable to participate in the conference call, a replay will be available until 11:59 pm EDT, Friday, August 13, 2010. The replay number is 1-888-286-8010 (domestic) or 1-617-801-6888 (international). The passcode for the replay will be 70263211. The replay can also be accessed at Select Medical Holdings Corporation’s website, http://www.selectmedicalholdings.com.

* * * * *

Select Medical Holdings Corporation is a leading operator of specialty hospitals in the United States. As of June 30, 2010, Select operated 89 long term acute care hospitals and 6 acute medical rehabilitation hospitals in 25 states. Select is also a leading operator of outpatient rehabilitation clinics in the United States, with approximately 953 locations in 36 states and the District of Columbia. Select also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. Information about Select is available at http://www.selectmedicalholdings.com/

Certain statements contained herein that are not descriptions of historical facts are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements due to factors including the following:

	•		additional changes in government reimbursement for our services, including changes that will result from the expiration of the moratorium for long term acute care hospitals established by the SCHIP Extension Act of 2007, the American Recovery and Reinvestment Act, and the Patient Protection and Affordable Care Act may result in a reduction in net operating revenues, an increase in costs and a reduction in profitability;
	•		the failure of our specialty hospitals to maintain their Medicare certifications as such may cause our net operating revenues and profitability to decline;
	•		the failure of our facilities operated as “hospitals within hospitals” or HIHs, to qualify as hospitals separate from their host hospitals may cause our net operating revenues and profitability to decline;
	•		a government investigation or assertion that we have violated applicable regulations may result in sanctions or reputational harm and increased costs;
	•		future acquisitions or joint ventures may prove difficult or unsuccessful, use significant resources or expose us to unforeseen liabilities;
	•		private third-party payors for our services may undertake future cost containment initiatives that limit our future net operating revenues and profitability;
	•		the failure to maintain established relationships with the physicians in the areas we serve could reduce our net operating revenues and profitability;
	•		shortages in qualified nurses or therapists could increase our operating costs significantly;
	•		competition may limit our ability to grow and result in a decrease in our net operating revenues and profitability;
	•		the loss of key members of our management team could significantly disrupt our operations;
	•		the effect of claims asserted against us or lack of adequate available insurance could subject us to substantial uninsured liabilities;
	•		other factors discussed from time to time in our filings with the Securities and Exchange Commission, including factors under the heading “Risk Factors” in our annual report on Form 10-K.

Investor inquiries:

Joel T. Veit
Vice President and Treasurer
717-972-1100
ir@selectmedicalcorp.com

SOURCE: Select Medical Holdings Corporation

I. Condensed Consolidated Statements of Operations
(In thousands, except per share amounts)
(unaudited)
For the Three Months Ended June 30, 2009 and 2010

										%
		2009				2010				Change
Net operating revenues		$	559,535			$	579,877				3.6	%
Costs and expenses:
Cost of services			453,011				470,044				3.8	%
General and administrative			12,885				9,802				(23.9	)%
Bad debt expense			10,312				10,845				5.2	%
Depreciation and amortization			17,939				16,610				(7.4	)%
Income from operations			65,388				72,576				11.0	%
Gain on early retirement of debt			3,562				—				N/M
Other income			—				182				N/M
Interest income			28				—				N/M
Interest expense			(33,658	)			(29,279	)			(13.0	)%
Income from operations before income taxes			35,320				43,479				23.1	%
Income tax expense			15,137				17,306				14.3	%
Net income			20,183				26,173				29.7	%
Less: Net income attributable to non-controlling interests			391				1,711				337.6	%
Net income attributable to Select Medical Holdings Corporation			19,792				24,462				23.6	%
Less: Preferred dividends			6,508				—				N/M
Net income available to common stockholders and participating securities		$	13,284			$	24,462				84.1	%
Income per common share:
Basic		$	0.20			$	0.15
Diluted		$	0.19			$	0.15
Weighted average shares outstanding (1):
Basic			60,632				159,709
Diluted			61,114				159,975

II. Condensed Consolidated Statements of Operations
(In thousands, except per share amounts)
(unaudited)
For the Six Months Ended June 30, 2009 and 2010

										%
		2009				2010				Change
Net operating revenues		$	1,120,707			$	1,164,690				3.9	%
Costs and expenses:
Cost of services			904,405				942,421				4.2	%
General and administrative			25,660				22,591				(12.0	)%
Bad debt expense			21,958				20,132				(8.3	)%
Depreciation and amortization			35,670				34,321				(3.8	)%
Income from operations			133,014				145,225				9.2	%
Gain on early retirement of debt			15,316				—				N/M
Other income			—				316				N/M
Interest income			80				—				N/M
Interest expense			(68,330	)			(59,321	)			(13.2	)%
Income from operations before income taxes			80,080				86,220				7.7	%
Income tax expense			33,880				34,415				1.6	%
Net income			46,200				51,805				12.1	%
Less: Net income attributable to non-controlling interests			1,412				3,117				120.8	%
Net income attributable to Select Medical Holdings Corporation			44,788				48,688				8.7	%
Less: Preferred dividends			12,870				—				N/M
Net income available to common stockholders and participating securities		$	31,918			$	48,688				52.5	%
Income per common share:
Basic		$	0.47			$	0.30
Diluted		$	0.47			$	0.30
Weighted average shares outstanding (1):
Basic			60,509				159,686
Diluted			60,991				159,984

III. Condensed Consolidated Balance Sheets
(In thousands)
(unaudited)

		December 31,				June 30,
		2009				2010
ASSETS
Cash		$	83,680			$	128,753
Accounts receivable, net			307,079				338,320
Current deferred tax asset			48,535				40,808
Prepaid income taxes			11,179				6,841
Other current assets			24,240				24,730
Total Current Assets			474,713				539,452
Property and equipment, net			466,131				459,567
Goodwill			1,548,269				1,548,269
Other identifiable intangibles			65,297				63,468
Assets held for sale			11,342				11,342
Other assets			36,481				38,025
Total Assets		$	2,602,233			$	2,660,123
LIABILITIES AND EQUITY
Payables and accruals		$	299,796			$	296,972
Current portion of long-term debt			4,145				102,410
Total Current Liabilities			303,941				399,382
Long-term debt, net of current portion			1,401,426				1,305,069
Non-current deferred tax liability			66,768				66,604
Other non-current liabilities			60,543				61,712
Total equity			769,555				827,356
Total Liabilities and Equity		$	2,602,233			$	2,660,123

IV. Condensed Consolidated Statements of Cash Flows
(In thousands)
(unaudited)
For the Six Months Ended June 30, 2009 and 2010

		2009				2010
Operating activities
Net income		$	46,200			$	51,805
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			35,670				34,321
Provision for bad debts			21,958				20,132
Gain on early retirement of debt			(15,316	)			—
Loss from disposal of assets			117				660
Non-cash gain from interest rate swaps			—				(316	)
Non-cash stock compensation expense			594				945
Amortization of debt discount			815				918
Changes in operating assets and liabilities, net of effects from acquisition of businesses:
Accounts receivable			(49,155	)			(51,373	)
Other current assets			(667	)			(495	)
Other assets			4,242				(1,140	)
Accounts payable			(3,693	)			(8,796	)
Due to third-party payors			(216	)			587
Accrued expenses and deferred income taxes			16,686				11,471
Net cash provided by operating activities			57,235				58,719
Investing activities
Purchases of property and equipment			(20,981	)			(26,454	)
Proceeds from sale of property			1,341				—
Net cash used in investing activities			(19,640	)			(26,454	)
Financing activities
Borrowings on revolving credit facility			138,000				—
Payments on revolving credit facility			(173,000	)			—
Payment on credit facility term loan			(3,400	)			—
Repurchase of 7 5/8% senior subordinated notes			(30,114	)			—
Borrowings of other debt			5,184				5,015
Principal payments on seller and other debt			(3,891	)			(4,442	)
Repurchase of common and preferred stock			(80	)			—
Proceeds from issuance of common stock			24				125
Payment of initial public offering costs			(417	)			—
Proceeds from (repayment of) bank overdrafts			(4,658	)			14,201
Distributions to non-controlling interests			(1,814	)			(2,091	)
Net cash provided by (used in) financing activities			(74,166	)			12,808
Net increase (decrease) in cash and cash equivalents			(36,571	)			45,073
Cash and cash equivalents at beginning of period			64,260				83,680
Cash and cash equivalents at end of period		$	27,689			$	128,753
Supplemental Cash Flow Information
Cash paid for interest		$	64,710			$	55,928
Cash paid for taxes		$	11,090			$	24,664

V. Key Statistics
(unaudited)
For the Three Months Ended June 30, 2009 and 2010

										%
		2009				2010				Change
Specialty Hospitals (a)
Number of hospitals — end of period			92				95				3.3	%
Net operating revenues (,000)		$	386,331			$	403,079				4.3	%
Number of patient days			252,710				264,898				4.8	%
Number of admissions			10,504				10,616				1.1	%
Net revenue per patient day (b)		$	1,491			$	1,474				(1.1	)%
Adjusted EBITDA (,000)		$	70,960			$	73,344				3.4	%
Adjusted EBITDA margin — all hospitals			18.4	%			18.2	%			(1.1	)%
Adjusted EBITDA margin — same store hospitals (c)			18.4	%			18.5	%			0.5	%
Outpatient Rehabilitation
Number of clinics — end of period			948				953				0.5	%
Net operating revenues (,000)		$	173,190			$	176,785				2.1	%
Number of visits			1,163,341				1,172,212				0.8	%
Revenue per visit (d)		$	101			$	101				0.0	%
Adjusted EBITDA (,000)		$	25,294			$	25,956				2.6	%
Adjusted EBITDA margin			14.6	%			14.7	%			0.7	%

VI. Key Statistics
(unaudited)
For the Six Months Ended June 30, 2009 and 2010

										%
		2009				2010				Change
Specialty Hospitals (a)
Number of hospitals — end of period			92				95				3.3	%
Net operating revenues (,000)		$	779,563			$	814,764				4.5	%
Number of patient days			508,983				532,746				4.7	%
Number of admissions			21,309				21,717				1.9	%
Net revenue per patient day (b)		$	1,494			$	1,483				(0.7	)%
Adjusted EBITDA (,000)		$	147,741			$	156,241				5.8	%
Adjusted EBITDA margin — all hospitals			19.0	%			19.2	%			1.1	%
Adjusted EBITDA margin — same store hospitals (c)			19.0	%			19.7	%			3.7	%
Outpatient Rehabilitation
Number of clinics — end of period			948				953				0.5	%
Net operating revenues (,000)		$	341,009			$	349,850				2.6	%
Number of visits			2,259,637				2,298,170				1.7	%
Revenue per visit (d)		$	102			$	101				(1.0	)%
Adjusted EBITDA (,000)		$	46,578			$	46,474				(0.2	)%
Adjusted EBITDA margin			13.7	%			13.3	%			(2.9	)%

VII. Net Income to Adjusted EBITDA Reconciliation
(In thousands)
(unaudited)
For the Three and Six Months Ended June 30, 2009 and 2010

The following table reconciles net income to Adjusted EBITDA for Select. Adjusted EBITDA is used by Select to report its segment performance. Adjusted EBITDA is defined as net income before interest, income taxes, depreciation and amortization, stock compensation expense, other income and gain on early retirement of debt. We believe that the presentation of Adjusted EBITDA is important to investors because Adjusted EBITDA is used by management to evaluate financial performance and determine resource allocation for each of our operating units.

Adjusted EBITDA is not a measure of financial performance under generally accepted accounting principles. Items excluded from Adjusted EBITDA are significant components in understanding and assessing financial performance. Adjusted EBITDA should not be considered in isolation or as an alternative to, or substitute for, net income, cash flows generated by operations, investing or financing activities, or other financial statement data presented in the consolidated financial statements as indicators of financial performance or liquidity. Because Adjusted EBITDA is not a measurement determined in accordance with generally accepted accounting principles and is thus susceptible to varying calculations, Adjusted EBITDA as presented may not be comparable to other similarly titled measures of other companies.

		Three Months Ended June 30,								Six Months Ended June 30,
		2009				2010				2009				2010
Net income		$	20,183			$	26,173			$	46,200			$	51,805
Income tax expense			15,137				17,306				33,880				34,415
Other income			—				(182	)			—				(316	)
Interest expense, net			33,630				29,279				68,250				59,321
Gain on early retirement of debt			(3,562	)			—				(15,316	)			—
Stock compensation expense
Included in general and administrative			241				111				483				291
Included in cost of services			58				326				111				654
Depreciation and amortization			17,939				16,610				35,670				34,321
Adjusted EBITDA		$	83,626			$	89,623			$	169,278			$	180,491
Specialty hospitals		$	70,960			$	73,344			$	147,741			$	156,241
Outpatient rehabilitation			25,294				25,956				46,578				46,474
Other (1)			(12,628	)			(9,677	)			(25,041	)			(22,224	)
Adjusted EBITDA		$	83,626			$	89,623			$	169,278			$	180,491

The following tables reconcile specialty hospital same store information.

		Three Months Ended
		June 30, 2009				June 30, 2010
Specialty hospitals net operating revenue		$	386,331			$	403,079
Less: Specialty hospitals in development, opened, acquired or closed after 1/1/09			2,550				10,748
Specialty hospitals same store net operating revenue		$	383,781			$	392,331
Specialty hospitals Adjusted EBITDA		$	70,960			$	73,344
Less: Specialty hospitals in development, opened, acquired or closed after 1/1/09			338				582
Specialty hospitals same store Adjusted EBITDA		$	70,622			$	72,762
All specialty hospitals Adjusted EBITDA margin			18.4	%			18.2	%
Specialty hospitals same store Adjusted EBITDA margin			18.4	%			18.5	%

		Six Months Ended
		June 30, 2009				June 30, 2010
Specialty hospitals net operating revenue		$	779,563			$	814,764
Less: Specialty hospitals in development, opened, acquired or closed after 1/1/09			5,572				19,575
Specialty hospitals same store net operating revenue		$	773,991			$	795,189
Specialty hospitals Adjusted EBITDA		$	147,741			$	156,241
Less: Specialty hospitals in development, opened, acquired or closed after 1/1/09			392				(490	)
Specialty hospitals same store Adjusted EBITDA		$	147,349			$	156,731
All specialty hospitals Adjusted EBITDA margin			19.0	%			19.2	%
Specialty hospitals same store Adjusted EBITDA margin			19.0	%			19.7	%

VIII. Reconciliation of Net Income Per Share to Adjusted Net Income Per Share
(In thousands, except per share amounts)
(unaudited)
For the Three Months Ended June 30, 2009 and 2010

		2009				Per Share (a)				2010				Per Share (a)
Net income		$	20,183			$	0.33			$	26,173			$	0.16
Net income attributable to non-controlling interests			391				0.01				1,711				0.01
Net income attributable to Select Medical Holdings Corporation			19,792				0.32				24,462				0.15
Less: Preferred dividends			6,508				0.10				—				0.00
Net income available to common stockholders and participating securities			13,284				0.22				24,462				0.15
Gain on early retirement of debt			(3,562	)			(0.06	)			—				—
Estimated income tax expense (b)			1,502				0.02				—				—
			11,224				0.18				24,462				0.15
Allocation to participating securities:
Less: Earnings allocated to preferred stockholders			1,095				0.02				—				0.00
Less: Earnings allocated to unvested restricted stockholders			136				0.00				46				0.00
Adjusted net income available to common stockholders		$	9,993			$	0.16			$	24,416			$	0.15
Adjustment for dilution							0.00								0.00
Adjusted net income available to common stockholders — diluted shares						$	0.16							$	0.15
Weighted average common shares outstanding:
Basic							60,632								159,709
Diluted							61,114								159,975

IX. Reconciliation of Net Income Per Share to Adjusted Net Income Per Share
(In thousands, except per share amounts)
(unaudited)
For the Six Months Ended June 30, 2009 and 2010

		2009				Per Share (a)				2010				Per Share (a)
Net income		$	46,200			$	0.76			$	51,805			$	0.32
Net income attributable to non-controlling interests			1,412				0.02				3,117				0.02
Net income attributable to Select Medical Holdings Corporation			44,788				0.74				48,688				0.30
Less: Preferred dividends			12,870				0.21				—				0.00
Net income available to common stockholders and participating securities			31,918				0.53				48,688				0.30
Gain on early retirement of debt			(15,316	)			(0.25	)			—				—
Estimated income tax expense (b)			6,457				0.10				—				—
			23,059				0.38				48,688				0.30
Allocation to participating securities:
Less: Earnings allocated to preferred stockholders			2,250				0.04				—				0.00
Less: Earnings allocated to unvested restricted stockholders			320				0.00				97				0.00
Adjusted net income available to common stockholders		$	20,489			$	0.34			$	48,591			$	0.30
Adjustment for dilution							0.00								0.00
Adjusted net income available to common stockholders — diluted shares						$	0.34							$	0.30
Weighted average common shares outstanding:
Basic							60,509								159,686
Diluted							60,991								159,984