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Net Income (Loss) per Share (Tables)
 6 Months Ended
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