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Basis of Presentation (Tables) | 6 Months Ended
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Jun. 30, 2020
Accounting Policies [Abstract] |
Schedule of Other Expense (Income), Net | Other expense, net consists of the following ($000’s omitted):
| Three Months Ended |  | Six Months Ended
June 30, |  | June 30,
2020 |  | 2019 |  | 2020 |  | 2019
Write-offs of deposits and pre-acquisition costs | $ | (2,311 | ) |  | $ | (2,516 | ) |  | $ | (6,643 | ) |  | $ | (5,433 | )
Amortization of intangible assets | (5,045 | ) |  | (3,550 | ) |  | (9,602 | ) |  | (7,000 | )
Loss on debt retirement | — |  |  | (4,843 | ) |  | — |  |  | (4,843 | )
Interest income | 1,326 |  |  | 4,471 |  |  | 5,133 |  |  | 9,420 |
Interest expense | (3,000 | ) |  | (146 | ) |  | (3,796 | ) |  | (290 | )
Equity in earnings of unconsolidated entities | 334 |  |  | 129 |  |  | 902 |  |  | 165 |
Miscellaneous, net | 3,410 |  |  | 2,956 |  |  | 6,196 |  |  | 3,508 |
Total other expense, net | $ | (5,286 | ) |  | $ | (3,499 | ) |  | $ | (7,810 | ) |  | $ | (4,473 | )
Schedule of Earnings Per Share | The following table presents the earnings per common share (000's omitted, except per share data):
| Three Months Ended |  | Six Months Ended
June 30, |  | June 30,
2020 |  | 2019 |  | 2020 |  | 2019
Numerator: |  |  |  |  |  |  |
Net income | $ | 348,620 |  |  | $ | 241,041 |  |  | $ | 552,331 |  |  | $ | 407,798 |
Less: earnings distributed to participating securities | (265 | ) |  | (305 | ) |  | (538 | ) |  | (613 | )
Less: undistributed earnings allocated to participating securities | (2,602 | ) |  | (2,089 | ) |  | (4,358 | ) |  | (3,588 | )
Numerator for basic earnings per share | $ | 345,753 |  |  | $ | 238,647 |  |  | $ | 547,435 |  |  | $ | 403,597 |
Add back: undistributed earnings allocated to participating securities | 2,602 |  |  | 2,089 |  |  | 4,358 |  |  | 3,588 |
Less: undistributed earnings reallocated to participating securities | (2,595 | ) |  | (2,082 | ) |  | (4,342 | ) |  | (3,576 | )
Numerator for diluted earnings per share | $ | 345,760 |  |  | $ | 238,654 |  |  | $ | 547,451 |  |  | $ | 403,609 |
Denominator: |  |  |  |  |  |  |
Basic shares outstanding | 268,324 |  |  | 276,652 |  |  | 269,167 |  |  | 277,142 |
Effect of dilutive securities | 701 |  |  | 932 |  |  | 960 |  |  | 967 |
Diluted shares outstanding | 269,025 |  |  | 277,584 |  |  | 270,127 |  |  | 278,109 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | 1.29 |  |  | $ | 0.86 |  |  | $ | 2.03 |  |  | $ | 1.46 |
Diluted | $ | 1.29 |  |  | $ | 0.86 |  |  | $ | 2.03 |  |  | $ | 1.45 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The fair values of derivative instruments and their locations in the Condensed Consolidated Balance Sheets are summarized below ($000’s omitted):
| June 30, 2020 |  | December 31, 2019
| Other Assets |  | Accrued and Other Liabilities |  | Other Assets |  | Accrued and Other Liabilities
Interest rate lock commitments | $ | 19,934 |  |  | $ | 1,811 |  |  | $ | 8,351 |  |  | $ | 149 |
Forward contracts | 236 |  |  | 3,624 |  |  | 299 |  |  | 1,372 |
Whole loan commitments | 190 |  |  | 1,805 |  |  | 880 |  |  | 284 |
| $ | 20,360 |  |  | $ | 7,240 |  |  | $ | 9,530 |  |  | $ | 1,805 |

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