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Computation of Earnings per Common Share (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Computation of Basic and Diluted EPS The following table presents the Company’s computation of basic and diluted EPS for the periods indicated:
    
For the Three Months Ended
March 31,
  
(in thousands, except share and per share amounts)
   
2021
     
2020
  
Net income available to common shareholders
    $ 137,389      $ 92,121  
Less: Dividends paid on and earnings allocated to participating securities
      (1,795 )       (1,170 ) 
  
 
 
     
 
 
  
Earnings applicable to common stock
    $ 135,594      $ 90,951  
  
 
 
     
 
 
  
Weighted average common shares outstanding
      463,292,906        464,993,970  
  
 
 
     
 
 
  
Basic earnings per common share
    $ 0.29      $ 0.20  
  
 
 
     
 
 
  
Earnings applicable to common stock
    $ 135,594      $ 90,951  
  
 
 
     
 
 
  
Weighted average common shares outstanding
      463,292,906        464,993,970  
Potential dilutive common shares
      594,031        418,674  
  
 
 
     
 
 
  
Total shares for diluted earnings per common share computation
      463,886,937        465,412,644  
  
 
 
     
 
 
  
Diluted earnings per common share and common share equivalents
    $ 0.29      $ 0.20  
  
 
 
     
 
 
  
The following table presents the Company’s computation of basic and diluted earnings per common share for the years ended December 31, 2020, 2019, and 2018:
 
     Years Ended December 31,  
(in thousands, except share and per share amounts)
      2020       2019       2018  
  
 
 
    
 
 
    
 
 
  
Net income available to common shareholders
    $ 478,281     $ 362,215     $ 389,589  
Less: Dividends paid on and earnings allocated to participating securities
      (5,798 )      (4,333 )      (4,871 ) 
  
 
 
    
 
 
    
 
 
  
Earnings applicable to common stock
    $ 472,483     $ 357,882     $ 384,718  
  
 
 
    
 
 
    
 
 
  
Weighted average common shares outstanding
      462,605,341       465,380,010       487,287,872  
  
 
 
    
 
 
    
 
 
  
Basic earnings per common share
    $ 1.02     $ 0.77     $ 0.79  
  
 
 
    
 
 
    
 
 
  
Earnings applicable to common stock
    $ 472,483     $ 357,882     $ 384,718  
  
 
 
    
 
 
    
 
 
  
Weighted average common shares outstanding
      462,605,341       465,380,010       487,287,872  
Potential dilutive common shares
      676,061       283,322       —    
  
 
 
    
 
 
    
 
 
  
Total shares for diluted earnings per common share computation
      463,281,402       465,663,332       487,287,872  
  
 
 
    
 
 
    
 
 
  
Diluted earnings per common share and common share equivalents
    $ 1.02     $ 0.77     $ 0.79