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EARNINGS PER COMMON SHARE (Tables) | 3 Months Ended
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Mar. 31, 2017
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Common Share | The following table presents computations of basic and diluted EPS for the three months ended March 31, 2016:
| Three Months Ended
| Common Stock |  | Class B Common Stock |  | Total
| ($ in thousands, except per share data)
Income from continuing operations | $ | 17,284 |  |  | $ | 22 |  |  | $ | 17,306 |
Less: income allocated to participating securities | (360 | ) |  | — |  |  | (360 | )
Less: participating securities dividends | (186 | ) |  | — |  |  | (186 | )
Less: preferred stock dividends | (4,569 | ) |  | (6 | ) |  | (4,575 | )
Income from continuing operations allocated to common stockholders | 12,169 |  |  | 16 |  |  | 12,185 |
Income from discontinued operations | 2,378 |  |  | 3 |  |  | 2,381 |
Net income allocated to common stockholders | $ | 14,547 |  |  | $ | 19 |  |  | $ | 14,566 |
Weighted average common shares outstanding | 39,946,412 |  |  | 50,340 |  |  | 39,996,752 |
Add: Dilutive effects of restricted stock units | 138,644 |  |  | — |  |  | 138,644 |
Add: Dilutive effects of stock options | 137,195 |  |  | — |  |  | 137,195 |
Add: Dilutive effects of warrants | 479,025 |  |  | — |  |  | 479,025 |
Average shares and dilutive common shares | 40,701,276 |  |  | 50,340 |  |  | 40,751,616 |
Basic earnings per common share |  |  |  |  |
Income from continuing operations | $ | 0.30 |  |  | $ | 0.30 |  |  | $ | 0.30 |
Income from discontinued operations | 0.06 |  |  | 0.06 |  |  | 0.06 |
Net income | $ | 0.36 |  |  | $ | 0.36 |  |  | $ | 0.36 |
Diluted earnings per common share |  |  |  |  |
Income from continuing operations | $ | 0.30 |  |  | $ | 0.30 |  |  | $ | 0.30 |
Income from discontinued operations | 0.06 |  |  | 0.06 |  |  | 0.06 |
Net income | $ | 0.36 |  |  | $ | 0.36 |  |  | $ | 0.36 |
The following table presents computations of basic and diluted EPS for the three months ended March 31, 2017:
| Three Months Ended
| Common Stock |  | Class B Common Stock |  | Total
| ($ in thousands, except per share data)
Income from continuing operations | $ | 9,338 |  |  | $ | 38 |  |  | $ | 9,376 |
Less: income allocated to participating securities | (162 | ) |  | (1 | ) |  | (163 | )
Less: participating securities dividends | (202 | ) |  | (1 | ) |  | (203 | )
Less: preferred stock dividends | (5,092 | ) |  | (21 | ) |  | (5,113 | )
Income from continuing operations allocated to common stockholders | 3,882 |  |  | 15 |  |  | 3,897 |
Income from discontinued operations | 7,793 |  |  | 32 |  |  | 7,825 |
Net income allocated to common stockholders | $ | 11,675 |  |  | $ | 47 |  |  | $ | 11,722 |
Weighted average common shares outstanding | 49,788,421 |  |  | 202,765 |  |  | 49,991,186 |
Add: Dilutive effects of restricted stock units | 209,395 |  |  | — |  |  | 209,395 |
Add: Dilutive effects of stock options | 207,506 |  |  | — |  |  | 207,506 |
Add: Dilutive effects of warrants | 346,058 |  |  | — |  |  | 346,058 |
Average shares and dilutive common shares | 50,551,380 |  |  | 202,765 |  |  | 50,754,145 |
Basic earnings per common share |  |  |  |  |
Income from continuing operations | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.08 |
Income from discontinued operations | 0.15 |  |  | 0.15 |  |  | 0.15 |
Net income | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.23 |
Diluted earnings per common share |  |  |  |  |
Income from continuing operations | $ | 0.08 |  |  | $ | 0.08 |  |  | $ | 0.08 |
Income from discontinued operations | 0.15 |  |  | 0.15 |  |  | 0.15 |
Net income | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | 0.23 |

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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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