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Net Income per Share (Tables) | 6 Months Ended
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Jun. 30, 2019
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 six months ended June 30, 2019 and 2018 ($ in thousands except per share data):
| For the three months ended June 30, |  | For the six months ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Basic Earnings |  |  |  |  |  |  |
Net Income | $ | 61,424 |  |  | $ | 55,346 |  |  | $ | 129,182 |  |  | $ | 104,779 |
Less: Preferred dividends | (4,919 | ) |  | (6,834 | ) |  | (11,754 | ) |  | (13,669 | )
Net income available to common stockholders | $ | 56,505 |  |  | $ | 48,512 |  |  | $ | 117,428 |  |  | $ | 91,110 |
Less: Dividends on participating securities | (849 | ) |  | (738 | ) |  | (1,700 | ) |  | (1,489 | )
Basic Earnings | $ | 55,656 |  |  | $ | 47,774 |  |  | $ | 115,728 |  |  | $ | 89,621 |
Diluted Earnings |  |  |  |  |  |  |
Net Income | $ | 61,424 |  |  | $ | 55,346 |  |  | $ | 129,182 |  |  | $ | 104,779 |
Less: Preferred dividends | (4,919 | ) |  | (6,834 | ) |  | (11,754 | ) |  | (13,669 | )
Net income available to common stockholders | $ | 56,505 |  |  | $ | 48,512 |  |  | $ | 117,428 |  |  | $ | 91,110 |
Add: Interest expense on Notes | 8,619 |  |  | N/A |  |  | 17,881 |  |  | N/A |
Diluted Earnings | $ | 65,124 |  |  | $ | 48,512 |  |  | $ | 135,309 |  |  | $ | 91,110 |
Number of Shares: |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding | 145,567,963 |  |  | 123,019,993 |  |  | 140,117,813 |  |  | 116,651,305 |
Diluted weighted-average shares of common stock outstanding | 174,101,234 |  |  | 124,629,317 |  |  | 169,418,177 |  |  | 118,281,153 |
Earnings Per Share Attributable to Common Stockholders |  |  |  |  |  |  |
Basic | $ | 0.38 |  |  | $ | 0.39 |  |  | $ | 0.83 |  |  | $ | 0.78 |
Diluted | $ | 0.37 |  |  | $ | 0.39 |  |  | $ | 0.80 |  |  | $ | 0.78 |

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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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