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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
Schedule of the Company's net income and weighted average shares outstanding | The Company’s net income (loss) and weighted average shares outstanding for the three months ended March 31, 2020 and 2019 consist of the following:
|  | Three Months Ended March 31,
($ in thousands except share amounts) |  | 2020 |  | 2019
Basic Net income (loss) available for Class A common shareholders |  | $ | (15,728 | ) |  | $ | 22,175 |
Diluted Net income (loss) available for Class A common shareholders |  | $ | (15,728 | ) |  | $ | 22,175 |
Weighted average shares outstanding |  |  |  |  |  |
Basic |  | 106,329,796 |  |  | 104,259,549 |
Diluted |  | 106,329,796 |  |  | 105,006,315 |
Schedule of calculation of basic and diluted net income per share amounts | The calculation of basic and diluted net income (loss) per share amounts for the three months ended March 31, 2020 and 2019 consist of the following:
|  | Three Months Ended March 31,
(In thousands except share amounts) |  | 2020 |  | 2019
Basic Net Income (Loss) Per Share of Class A Common Stock |  |  |  |
Numerator: |  |  |  |
Net income (loss) attributable to Class A common shareholders |  | $ | (15,728 | ) |  | $ | 22,175 |
Denominator: |  |  |  |  |  |
Weighted average number of shares of Class A common stock outstanding |  | 106,329,796 |  |  | 104,259,549 |
Basic net income (loss) per share of Class A common stock |  | $ | (0.15 | ) |  | $ | 0.21 |
Diluted Net Income (Loss) Per Share of Class A Common Stock |  |  |  |
Numerator: |  |  |  |
Net income (loss) attributable to Class A common shareholders |  | $ | (15,728 | ) |  | $ | 22,175 |
Add (deduct) - dilutive effect of: |  |  |  |  |  |
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss)(2) |  | — |  |  | — |
Additional corporate tax (expense) benefit(2) |  | — |  |  | — |
Diluted net income (loss) attributable to Class A common shareholders |  | (15,728 | ) |  | 22,175 |
Denominator: |  |  |  |
Basic weighted average number of shares of Class A common stock outstanding |  | 106,329,796 |  |  | 104,259,549 |
Add - dilutive effect of: |  |  |  |  |  |
Shares issuable relating to converted Class B common shareholders(3) |  | — |  |  | — |
Incremental shares of unvested Class A restricted stock(3) |  | — |  |  | 746,766 |
Incremental shares of unvested stock options |  | — |  |  | — |
Diluted weighted average number of shares of Class A common stock outstanding |  | 106,329,796 |  |  | 105,006,315 |
Diluted net income (loss) per share of Class A common stock |  | $ | (0.15 | ) |  | $ | 0.21 |
(1) | For three months ended March 31, 2020 and 2019, shares issuable relating to converted Class B common shareholders are excluded from the calculation of diluted EPS as the inclusion of such potential common shares in the calculation would be anti-dilutive.
(2) | The Company is using the as-if converted method for the Class B common shareholders while adjusting for additional corporate income tax expense (benefit) for the described net income (loss) add-back.
(3) The Company is using the treasury stock method.

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- Definition Tabular disclosure of information pertaining to net income and weighted average shares outstanding. + References No definition available. + Details
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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -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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