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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS

The computation of basic and diluted EPS is as follows:

 

     Three Months Ended
March 31,
 
     2013     2012  
($ in thousands, except per share amounts)             

Net Income

   $ 14,185      $ 5,450   

Noncontrolling interests

     (225     —     

Allocation of earnings to preferred stockholders

     —          (64
  

 

 

   

 

 

 

Net Income Attributable to Common Stockholders

   $ 13,960      $ 5,386   
  

 

 

   

 

 

 

Shares (in thousands):

    

Basic: Weighted-average number of shares outstanding

     7,820        7,468   

Plus: Incremental shares from assumed conversion of dilutive instruments

     268        498   
  

 

 

   

 

 

 

Diluted: Weighted-average number of shares outstanding

     8,088        7,966   
  

 

 

   

 

 

 

Earnings per share - basic

   $ 1.79      $ 0.72   

Earnings per share - diluted

   $ 1.73      $ 0.68