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EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017:
 
Three Months Ended June 30, 2017
 
Six Months Ended June 30, 2017
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
($ in thousands, except per share data)
Income from continuing operations
$
15,054

 
$
84

 
$
15,138

 
$
24,396

 
$
118

 
$
24,514

Less: income allocated to participating securities
(12
)
 
—

 
(12
)
 
(174
)
 
(1
)
 
(175
)
Less: participating securities dividends
(201
)
 
(1
)
 
(202
)
 
(403
)
 
(2
)
 
(405
)
Less: preferred stock dividends
(5,085
)
 
(28
)
 
(5,113
)
 
(10,177
)
 
(49
)
 
(10,226
)
Income from continuing operations allocated to common stockholders
9,756

 
55

 
9,811

 
13,642

 
66

 
13,708

Income from discontinued operations
(2,865
)
 
(16
)
 
(2,881
)
 
4,920

 
24

 
4,944

Net income allocated to common stockholders
$
6,891

 
$
39

 
$
6,930

 
$
18,562

 
$
90

 
$
18,652

Weighted average common shares outstanding
50,010,943

 
278,647

 
50,289,590

 
49,817,624

 
240,916

 
50,058,540

Dilutive effects of restricted stock units
42,756

 
—

 
42,756

 
68,664

 
—

 
68,664

Dilutive effects of stock options
226,603

 
—

 
226,603

 
207,397

 
—

 
207,397

Dilutive effects of warrants
383,375

 
—

 
383,375

 
401,497

 
—

 
401,497

Average shares and dilutive common shares
50,663,677

 
278,647

 
50,942,324

 
50,495,182

 
240,916

 
50,736,098

Basic earnings per common share
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.20

 
$
0.20

 
$
0.20

 
$
0.27

 
$
0.27

 
$
0.27

Income from discontinued operations
(0.06
)
 
(0.06
)
 
(0.06
)
 
0.10

 
0.10

 
0.10

Net income
$
0.14

 
$
0.14

 
$
0.14

 
$
0.37

 
$
0.37

 
$
0.37

Diluted earnings per common share
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.20

 
$
0.20

 
$
0.20

 
$
0.27

 
$
0.27

 
$
0.27

Income from discontinued operations
(0.06
)
 
(0.06
)
 
(0.06
)
 
0.10

 
0.10

 
0.10

Net income
$
0.14

 
$
0.14

 
$
0.14

 
$
0.37

 
$
0.37

 
$
0.37

The following table presents computations of basic and diluted EPS for the three and six months ended June 30, 2016:
 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
($ in thousands, except per share data)
Income from continuing operations
$
19,718

 
$
42

 
$
19,760

 
$
37,001

 
$
65

 
$
37,066

Less: income allocated to participating securities
(482
)
 
(1
)
 
(483
)
 
(851
)
 
(1
)
 
(852
)
Less: participating securities dividends
(186
)
 
—

 
(186
)
 
(371
)
 
(1
)
 
(372
)
Less: preferred stock dividends
(5,103
)
 
(11
)
 
(5,114
)
 
(9,672
)
 
(17
)
 
(9,689
)
Income from continuing operations allocated to common stockholders
13,947

 
30

 
13,977

 
26,107

 
46

 
26,153

Income from discontinued operations
6,753

 
15

 
6,768

 
9,133

 
16

 
9,149

Net income allocated to common stockholders
$
20,700

 
$
45

 
$
20,745

 
$
35,240

 
$
62

 
$
35,302

Weighted average common shares outstanding
47,324,887

 
101,954

 
47,426,841

 
43,618,536

 
76,147

 
43,694,683

Dilutive effects of restricted stock units
258,521

 
—

 
258,521

 
198,582

 
—

 
198,582

Dilutive effects of stock options
308,405

 
—

 
308,405

 
217,480

 
—

 
217,480

Dilutive effects of warrants
560,667

 
—

 
560,667

 
503,304

 
—

 
503,304

Average shares and dilutive common shares
48,452,480

 
101,954

 
48,554,434

 
44,537,902

 
76,147

 
44,614,049

Basic earnings per common share
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.30

 
$
0.30

 
$
0.30

 
$
0.60

 
$
0.60

 
$
0.60

Income from discontinued operations
0.14

 
0.14

 
0.14

 
0.21

 
0.21

 
0.21

Net income
$
0.44

 
$
0.44

 
$
0.44

 
$
0.81

 
$
0.81

 
$
0.81

Diluted earnings per common share
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.29

 
$
0.30

 
$
0.29

 
$
0.59

 
$
0.60

 
$
0.59

Income from discontinued operations
0.14

 
0.14

 
0.14

 
0.20

 
0.21

 
0.20

Net income
$
0.43

 
$
0.44

 
$
0.43

 
$
0.79

 
$
0.81

 
$
0.79