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Net Income (Loss) per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Net Income per Share of Common Stock Using Two-Class Method
The table below presents the computation of basic and diluted net income per share of common stock for the three and nine months ended September 30, 2018 and 2017 ($ in thousands except per share data): 
 
For the three months ended September 30,
 
For the nine months ended September 30,
 
2018
 
2017
 
2018
 
2017
Basic Earnings

 
 
 
 
 
 
Net income
$
62,217

 
$
68,356

 
$
166,996

 
$
151,714

Less: Preferred dividends
(6,836
)
 
(11,148
)
 
(20,505
)
 
(29,768
)
Net income available to common stockholders
$
55,381

 
$
57,208

 
$
146,491

 
$
121,946

Less: Dividends on participating securities
(733
)
 
(620
)
 
(2,215
)
 
(1,884
)
      Basic Earnings
$
54,648

 
$
56,588

 
$
144,276

 
$
120,062



 
 
 
 
 
 
Diluted Earnings

 
 
 
 
 
 
Net income
$
62,217

 
$
68,356

 
$
166,996

 
$
151,714

Less: Preferred dividends
(6,836
)
 
(11,148
)
 
(20,505
)
 
(29,768
)
Net income available to common stockholders
$
55,381

 
$
57,208

 
$
146,491

 
$
121,946

Add: Interest expense on Notes
6,746

 
N/A

 
25,607

 
N/A

      Diluted Earnings
$
62,127

 
$
57,208

 
$
172,098

 
$
121,946



 
 
 
 
 
 
Number of Shares:

 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
129,188,343

 
105,446,704

 
120,876,240

 
97,546,437

Diluted weighted average shares of common stock outstanding
153,918,435

 
106,812,721

 
150,424,889

 
98,919,689




 


 


 
 
Earnings Per Share Attributable to common stockholders


 
 
 
 
 
 
Basic
$
0.42

 
$
0.54

 
$
1.19

 
$
1.23

Diluted
$
0.40

 
$
0.54

 
$
1.14

 
$
1.23