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Basis of Presentation (Tables) | 9 Months Ended
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Sep. 30, 2021
Accounting Policies [Abstract] |
Schedule of Other Expense (Income), Net | Other expense, net consists of the following ($000’s omitted):
| Three Months Ended |  | Nine Months Ended
September 30, |  | September 30,
2021 |  | 2020 |  | 2021 |  | 2020
Write-offs of deposits and pre-acquisition costs | $ | (3,567) |  |  | $ | (1,692) |  |  | $ | (6,801) |  |  | $ | (8,335) |
Amortization of intangible assets | (3,612) |  |  | (5,041) |  |  | (13,571) |  |  | (14,643) |
Interest income | 436 |  |  | 891 |  |  | 1,541 |  |  | 6,024 |
Interest expense | (115) |  |  | (225) |  |  | (387) |  |  | (4,022) |
Equity in earnings of unconsolidated entities | 604 |  |  | 336 |  |  | 5,620 |  |  | 1,238 |
Miscellaneous, net | 1,504 |  |  | 1,248 |  |  | 5,587 |  |  | 7,446 |
Total other expense, net | $ | (4,750) |  |  | $ | (4,483) |  |  | $ | (8,011) |  |  | $ | (12,292) |
Schedule of Earnings Per Share | The following table presents the earnings per common share (000's omitted, except per share data):
| Three Months Ended |  | Nine Months Ended
September 30, |  | September 30,
2021 |  | 2020 |  | 2021 |  | 2020
Numerator: |  |  |  |  |  |  |
Net income | $ | 475,549 |  |  | $ | 416,398 |  |  | $ | 1,283,055 |  |  | $ | 968,728 |
Less: earnings distributed to participating securities | (296) |  |  | (264) |  |  | (887) |  |  | (799) |
Less: undistributed earnings allocated to participating securities | (3,546) |  |  | (3,123) |  |  | (9,559) |  |  | (7,778) |
Numerator for basic earnings per share | $ | 471,707 |  |  | $ | 413,011 |  |  | $ | 1,272,609 |  |  | $ | 960,151 |
Add back: undistributed earnings allocated to participating securities | 3,546 |  |  | 3,123 |  |  | 9,559 |  |  | 7,778 |
Less: undistributed earnings reallocated to participating securities | (3,536) |  |  | (3,116) |  |  | (9,535) |  |  | (7,754) |
Numerator for diluted earnings per share | $ | 471,717 |  |  | $ | 413,018 |  |  | $ | 1,272,633 |  |  | $ | 960,175 |
Denominator: |  |  |  |  |  |  |
Basic shares outstanding | 258,147 |  |  | 268,363 |  |  | 261,854 |  |  | 268,892 |
Effect of dilutive securities | 752 |  |  | 598 |  |  | 668 |  |  | 839 |
Diluted shares outstanding | 258,899 |  |  | 268,961 |  |  | 262,522 |  |  | 269,731 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | 1.83 |  |  | $ | 1.54 |  |  | $ | 4.86 |  |  | $ | 3.57 |
Diluted | $ | 1.82 |  |  | $ | 1.54 |  |  | $ | 4.85 |  |  | $ | 3.56 |
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):
| September 30, 2021 |  | December 31, 2020
| Other Assets |  | Accrued and Other Liabilities |  | Other Assets |  | Accrued and Other Liabilities
Interest rate lock commitments | $ | 11,857 |  |  | $ | 187 |  |  | $ | 16,179 |  |  | $ | 18 |
Forward contracts | 5,133 |  |  | 569 |  |  | 501 |  |  | 5,937 |
Whole loan commitments | 1,490 |  |  | 313 |  |  | 168 |  |  | 666 |
| $ | 18,480 |  |  | $ | 1,069 |  |  | $ | 16,848 |  |  | $ | 6,621 |

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