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EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2018
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
($ in thousands except per share data)
 
Common Stock
 
Class B Common Stock
 
Total
 
Common Stock
 
Class B Common Stock
 
Total
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 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, 2018:
 
 
Three Months Ended June 30, 2018
 
Six Months Ended June 30, 2018
($ in thousands except per share data)
 
Common Stock
 
Class B Common Stock
 
Total
 
Common Stock
 
Class B Common Stock
 
Total
Income from continuing operations
 
$
13,709

 
$
145

 
$
13,854

 
$
20,713

 
$
215

 
$
20,928

Less: income allocated to participating securities
 
(85
)
 
(1
)
 
(86
)
 
—

 
—

 
—

Less: participating securities dividends
 
(201
)
 
(2
)
 
(203
)
 
(402
)
 
(4
)
 
(406
)
Less: preferred stock dividends
 
(5,059
)
 
(54
)
 
(5,113
)
 
(10,121
)
 
(105
)
 
(10,226
)
Income from continuing operations allocated to common stockholders
 
8,364

 
88

 
8,452

 
10,190

 
106

 
10,296

Income from discontinued operations
 
916

 
10

 
926

 
2,385

 
25

 
2,410

Net income allocated to common stockholders
 
$
9,280

 
$
98

 
$
9,378

 
$
12,575

 
$
131

 
$
12,706

Weighted average common shares outstanding
 
50,062,442

 
530,987

 
50,593,429

 
50,072,385

 
519,610

 
50,591,995

Dilutive effects of stock units
 
211,380

 
—

 
211,380

 
153,029

 
—

 
153,029

Dilutive effects of stock options
 
40,561

 
—

 
40,561

 
44,082

 
—

 
44,082

Dilutive effects of warrants
 
73,721

 
—

 
73,721

 
111,781

 
—

 
111,781

Average shares and dilutive common shares
 
50,388,104

 
530,987

 
50,919,091

 
50,381,277

 
519,610

 
50,900,887

Basic earnings per common share
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.17

 
$
0.17

 
$
0.17

 
$
0.20

 
$
0.20

 
$
0.20

Income from discontinued operations
 
0.02

 
0.02

 
0.02

 
0.05

 
0.05

 
0.05

Net income
 
$
0.19

 
$
0.19

 
$
0.19

 
$
0.25

 
$
0.25

 
$
0.25

Diluted earnings per common share
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.16

 
$
0.17

 
$
0.16

 
$
0.20

 
$
0.20

 
$
0.20

Income from discontinued operations
 
0.02

 
0.02

 
0.02

 
0.05

 
0.05

 
0.05

Net income
 
$
0.18

 
$
0.19

 
$
0.18

 
$
0.25

 
$
0.25

 
$
0.25