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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the basic and diluted earnings per share calculations (in thousands, except per share amounts):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Numerator - Basic
 
 
 
 
 
Income from continuing operations
$
106,110

 
$
229,312

 
$
308,195

Less: Net income attributable to noncontrolling interest
(27,000
)
 
(70,275
)
 
(95,368
)
Discontinued operations attributable to noncontrolling interest

 

 
10,935

Less: Preferred stock dividends
(2
)
 
(1
)
 

Income from continuing operations
 
 
 
 
 
attributable to common shareholders
79,108

 
159,036

 
223,762

Income from discontinued operations attributable to FINV

 

 
31,700

Net income available to common shareholders
$
79,108

 
$
159,036

 
$
255,462

 
 
 
 
 
 
Numerator - Diluted
 
 
 
 
 
Income from continuing operations
 
 
 
 
 
attributable to common shareholders
$
79,108

 
$
159,036

 
$
223,762

Add: Net income attributable to noncontrolling interest (1)
24,784

 
54,866

 
77,106

Add: Preferred stock dividends
2

 
1

 

Diluted income from continuing operations
 
 
 
 
 
applicable to common shareholders
103,894

 
213,903

 
300,868

Income from discontinued operations attributable to FINV

 

 
42,635

Dilutive net income available to common shareholders
$
103,894

 
$
213,903

 
$
343,503

 
 
 
 
 
 
Denominator
 
 
 
 
 
Basic weighted average common shares
154,662

 
153,814

 
132,257

Exchange of noncontrolling interest for common stock (Note 13)
52,976

 
52,976

 
52,976

Restricted stock units
1,512

 
1,038

 
273

Stock to be issued pursuant to ESPP
2

 

 

Diluted weighted average common shares
209,152

 
207,828

 
185,506

 
 
 
 
 
 
 Basic earnings per common share:
 
 
 
 
 
 Continuing operations
$
0.51

 
$
1.03

 
$
1.69

 Discontinued operations

 

 
0.24

 Total
$
0.51

 
$
1.03

 
$
1.93

 
 
 
 
 
 
 Diluted earnings per common share:
 
 
 
 
 
 Continuing operations
$
0.50

 
$
1.03

 
$
1.62

 Discontinued operations

 

 
0.23

 Total
$
0.50

 
$
1.03

 
$
1.85

 
 
(1)
Adjusted for the additional tax expense upon the assumed conversion of the Preferred Stock
$
2,216

 
$
15,409

 
$
7,327