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EARNINGS PER COMMON SHARE (Tables) | 12 Months Ended
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Dec. 31, 2015
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Common Share | Computations for basic and diluted EPS are provided below:
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
| Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total |  | Common Stock |  | Class B Common Stock |  | Total
| ($ in thousands, except per share data)
Basic: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 62,050 |  |  | $ | 22 |  |  | $ | 62,072 |  |  | $ | 29,559 |  |  | $ | 646 |  |  | $ | 30,205 |  |  | $ | (80 | ) |  | $ | (4 | ) |  | $ | (84 | )
Less: income allocated to participating securities | (1,310 | ) |  | — |  |  | (1,310 | ) |  | (487 | ) |  | (11 | ) |  | (498 | ) |  | — |  |  | — |  |  | — |
Less: participating securities dividends | (713 | ) |  | — |  |  | (713 | ) |  | (531 | ) |  | (12 | ) |  | (543 | ) |  | — |  |  | — |  |  | — |
Less: preferred stock dividends | (9,820 | ) |  | (3 | ) |  | (9,823 | ) |  | (3,562 | ) |  | (78 | ) |  | (3,640 | ) |  | (2,070 | ) |  | (115 | ) |  | (2,185 | )
Net income (loss) allocated to common stockholders | $ | 50,207 |  |  | $ | 19 |  |  | $ | 50,226 |  |  | $ | 24,979 |  |  | $ | 545 |  |  | $ | 25,524 |  |  | $ | (2,150 | ) |  | $ | (119 | ) |  | $ | (2,269 | )
Weighted average common shares outstanding | 37,033,725 |  |  | 12,869 |  |  | 37,046,594 |  |  | 27,444,878 |  |  | 599,563 |  |  | 28,044,441 |  |  | 14,481,060 |  |  | 805,774 |  |  | 15,286,834 |
Basic earnings (loss) per common share | $ | 1.36 |  |  | $ | 1.36 |  |  | $ | 1.36 |  |  | $ | 0.91 |  |  | $ | 0.91 |  |  | $ | 0.91 |  |  | $ | (0.15 | ) |  | $ | (0.15 | ) |  | $ | (0.15 | )
Diluted: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) allocated to common stockholders | $ | 50,207 |  |  | $ | 19 |  |  | $ | 50,226 |  |  | $ | 24,979 |  |  | $ | 545 |  |  | $ | 25,524 |  |  | $ | (2,150 | ) |  | $ | (119 | ) |  | $ | (2,269 | )
Additional income allocation for class B dilutive shares | (520 | ) |  | 520 |  |  | — |  |  | (106 | ) |  | 106 |  |  | — |  |  | — |  |  | — |  |  | — |
Adjusted net income (loss) allocated to common stockholders | $ | 49,687 |  |  | $ | 539 |  |  | $ | 50,226 |  |  | $ | 24,873 |  |  | $ | 651 |  |  | $ | 25,524 |  |  | $ | (2,150 | ) |  | $ | (119 | ) |  | $ | (2,269 | )
Weighted average common shares outstanding | 37,033,725 |  |  | 12,869 |  |  | 37,046,594 |  |  | 27,444,878 |  |  | 599,563 |  |  | 28,044,441 |  |  | 14,481,060 |  |  | 805,774 |  |  | 15,286,834 |
Add: Dilutive effects of restricted stock units | 138,646 |  |  | — |  |  | 138,646 |  |  | 52,286 |  |  | — |  |  | 52,286 |  |  | — |  |  | — |  |  | — |
Add: Dilutive effects of purchase contracts | — |  |  | — |  |  | — |  |  | 26,807 |  |  | — |  |  | 26,807 |  |  | — |  |  | — |  |  | — |
Add: Dilutive effects of stock options | 30,014 |  |  | — |  |  | 30,014 |  |  | 8,692 |  |  | — |  |  | 8,692 |  |  | — |  |  | — |  |  | — |
Add: Dilutive effects of warrants | — |  |  | 383,255 |  |  | 383,255 |  |  | — |  |  | 115,997 |  |  | 115,997 |  |  | — |  |  | — |  |  | — |
Average shares and dilutive common shares | 37,202,385 |  |  | 396,124 |  |  | 37,598,509 |  |  | 27,532,663 |  |  | 715,560 |  |  | 28,248,223 |  |  | 14,481,060 |  |  | 805,774 |  |  | 15,286,834 |
Diluted earnings (loss) per common share | $ | 1.34 |  |  | $ | 1.36 |  |  | $ | 1.34 |  |  | $ | 0.90 |  |  | $ | 0.91 |  |  | $ | 0.90 |  |  | $ | (0.15 | ) |  | $ | (0.15 | ) |  | $ | (0.15 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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