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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share
Computations for basic and diluted EPS are provided below. 
 
Three Months Ended March 31,
 
2015
 
2014
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
($ in thousands, except per share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
12,560

 
$
14

 
$
12,574

 
$
727

 
$
22

 
$
749

Less: income allocated to participating securities
(272
)
 

 
(272
)
 

 

 

Less: participating securities dividends
(173
)
 

 
(173
)
 

 

 

Less: preferred stock dividends
(909
)
 
(1
)
 
(910
)
 
(883
)
 
(27
)
 
(910
)
Net income (loss) allocated to common stockholders
$
11,206

 
$
13

 
$
11,219

 
$
(156
)
 
$
(5
)
 
$
(161
)
Weighted average common shares outstanding
37,831,035

 
42,218

 
37,873,253

 
19,609,017

 
590,008

 
20,199,025

Basic earnings (loss) per common share
$
0.30

 
$
0.30

 
$
0.30

 
$
(0.01
)
 
$
(0.01
)
 
$
(0.01
)
Diluted:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) allocated to common stockholders
$
11,206

 
$
13

 
$
11,219

 
$
(156
)
 
$
(5
)
 
$
(161
)
Additional income allocation for class B dilutive shares
(85
)
 
85

 

 

 

 

Adjusted net income (loss) allocated to common stockholders
$
11,121

 
$
98

 
$
11,219

 
$
(156
)
 
$
(5
)
 
$
(161
)
Weighted average common shares outstanding for basic earnings per common share
37,831,035

 
42,218

 
37,873,253

 
19,609,017

 
590,008

 
20,199,025

Add: Dilutive effects of restricted stock units
146,876

 

 
146,876

 

 

 

Add: Dilutive effects of purchase contracts

 

 

 

 

 

Add: Dilutive effects of stock options
626

 

 
626

 

 

 

Add: Dilutive effects of warrants

 
283,911

 
283,911

 

 

 

Average shares and dilutive common shares
37,978,537

 
326,129

 
38,304,666

 
19,609,017

 
590,008

 
20,199,025

Diluted earnings (loss) per common share
$
0.29

 
$
0.30

 
$
0.29

 
$
(0.01
)
 
$
(0.01
)
 
$
(0.01
)