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Net Income (Loss) per Share (Tables) | 9 Months Ended
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Sep. 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 nine months ended September 30, 2020 and 2019 ($ in thousands except per share data):
| For the three months ended September 30, |  |  |  | For the nine months ended September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Basic Earnings |  |  |  |  |  |  |
Net income (loss) | $ | 49,338 |  |  | $ | 29,089 |  |  | $ | (18,303) |  |  | $ | 158,271 |
Less: Preferred dividends | (3,385) |  |  | (3,385) |  |  | (10,155) |  |  | (15,139) |
Net income (loss) available to common stockholders | $ | 45,953 |  |  | $ | 25,704 |  |  | $ | (28,458) |  |  | $ | 143,132 |
Less: Dividends on participating securities | (717) |  |  | (847) |  |  | (2,238) |  |  | (2,547) |
Basic Earnings | $ | 45,236 |  |  | $ | 24,857 |  |  | $ | (30,696) |  |  | $ | 140,585 |
Diluted Earnings |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | 45,953 |  |  | $ | 25,704 |  |  | $ | (28,458) |  |  | $ | 143,132 |
Less: Dividends on participating securities | (717) |  |  | — |  |  | (2,238) |  |  | — |
Add: Interest expense on Notes | — |  |  | — |  |  | — |  |  | — |
Diluted Earnings | $ | 45,236 |  |  | $ | 25,704 |  |  | $ | (30,696) |  |  | $ | 143,132 |
Number of Shares: |  |  |  |  |  |  |
Basic weighted-average shares of common stock outstanding | 146,612,313 |  |  | 153,531,678 |  |  | 150,679,773 |  |  | 144,638,237 |
Diluted weighted-average shares of common stock outstanding | 146,612,313 |  |  | 153,531,678 |  |  | 150,679,773 |  |  | 144,638,237 |
Earnings Per Share Attributable to Common Stockholders |  |  |  |  |  |  |
Basic | $ | 0.31 |  |  | $ | 0.16 |  |  | $ | (0.20) |  |  | $ | 0.97 |
Diluted | $ | 0.31 |  |  | $ | 0.16 |  |  | $ | (0.20) |  |  | $ | 0.97 |

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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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