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Net Income (Loss) per Share (Tables) | 6 Months Ended
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Jun. 30, 2020
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 (loss) per share of common stock for the three and six months ended June 30, 2020 and 2019 ($ in thousands except per share data):
| For the three months ended June 30, |  | For the six months ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Basic Earnings |  |  |  |  |  |  |
Net income (loss) | $ | 60,201 |  |  | $ | 61,424 |  |  | $ | (67,641 | ) |  | $ | 129,182 |
Less: Preferred dividends | (3,385 | ) |  | (4,919 | ) |  | (6,770 | ) |  | (11,754 | )
Net income (loss) available to common stockholders | $ | 56,816 |  |  | $ | 56,505 |  |  | $ | (74,411 | ) |  | $ | 117,428 |
Less: Dividends on participating securities | (719 | ) |  | (849 | ) |  | (1,521 | ) |  | (1,700 | )
Basic Earnings | $ | 56,097 |  |  | $ | 55,656 |  |  | $ | (75,932 | ) |  | $ | 115,728 |
Diluted Earnings |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | 56,816 |  |  | $ | 56,505 |  |  | $ | (74,411 | ) |  | $ | 117,428 |
Add (Less): Dividends on participating securities | 719 |  |  | — |  |  | (1,521 | ) |  | — |
Add: Interest expense on Notes | 8,678 |  |  | 8,619 |  |  | — |  |  | 17,881 |
Diluted Earnings | $ | 66,213 |  |  | $ | 65,124 |  |  | $ | (75,932 | ) |  | $ | 135,309 |
Number of Shares: |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding | 151,523,513 |  |  | 145,567,963 |  |  | 152,735,852 |  |  | 140,117,813 |
Diluted weighted-average shares of common stock outstanding | 182,083,702 |  |  | 174,101,234 |  |  | 152,735,852 |  |  | 169,418,177 |
Earnings Per Share Attributable to Common Stockholders |  |  |  |  |  |  |
Basic | $ | 0.37 |  |  | $ | 0.38 |  |  | $ | (0.50 | ) |  | $ | 0.83 |
Diluted | $ | 0.36 |  |  | $ | 0.37 |  |  | $ | (0.50 | ) |  | $ | 0.80 |

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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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