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Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2022
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, 2022 and 2021 ($ in thousands except per share data): 
Three months ended June 30,Six months ended June 30,
2022202120222021
Basic Earnings
Net income$70,951 $67,691 $86,189 $126,026 
Less: Preferred dividends(3,068)(3,385)(6,136)(6,770)
Net income available to common stockholders$67,883 $64,306 $80,053 $119,256 
Less: Dividends on participating securities(901)(849)(1,800)(1,697)
Basic Earnings$66,982 $63,457 $78,253 $117,559 
Diluted Earnings
Basic Earnings$66,982 $63,457 $78,253 $117,559 
Add: Dividends on participating securities901 849 — 1,697 
Add: Interest expense on Convertible Notes7,464 8,261 14,924 16,506 
Diluted Earnings$75,347 $72,567 $93,177 $135,762 
Number of Shares:
Basic weighted-average shares of common stock outstanding140,590,843 139,884,060 140,472,771 139,845,178 
Diluted weighted-average shares of common stock outstanding171,698,185 170,832,186 169,006,042 170,812,544 
Earnings Per Share Attributable to Common Stockholders
Basic$0.48 $0.45 $0.56 $0.84 
Diluted$0.44 $0.42 $0.55 $0.79