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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Dilutive Net Income Per Share
The following table presents the computation of basic and diluted earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018 (1)
Basic Earnings per Common Share
 
 
 
 
 
 
 
 
Net income attributable to Company
 
$
22,735

 
$
29,694

 
$
66,874

 
$
59,311

Less: Preferred stock dividends
 
(6,257
)
 
(5,925
)
 
(12,182
)
 
(11,850
)
Net income attributable to Company's common stockholders
 
$
16,478

 
$
23,769

 
$
54,692

 
$
47,461

Basic weighted average common shares outstanding
 
200,691

 
115,211

 
187,628

 
113,623

Basic Earnings per Common Share
 
$
0.08

 
$
0.21

 
$
0.29

 
$
0.42

 
 
 
 
 
 
 
 
 
Diluted Earnings per Common Share:
 
 
 
 
 
 
 
 
Net income attributable to Company
 
$
22,735

 
$
29,694

 
$
66,874

 
$
59,311

Less: Preferred stock dividends
 
(6,257
)
 
(5,925
)
 
(12,182
)
 
(11,850
)
Add back: Interest expense on convertible notes for the period, net of tax
 
—

 
2,633

 
5,307

 
5,267

Net income attributable to Company's common stockholders
 
$
16,478

 
$
26,402

 
$
59,999

 
$
52,728

Weighted average common shares outstanding
 
200,691

 
115,211

 
187,628

 
113,623

Net effect of assumed convertible notes conversion to common shares
 
—

 
19,695

 
19,695

 
19,695

Net effect of assumed PSUs vested
 
1,707

 
258

 
1,688

 
152

Diluted weighted average common shares outstanding
 
202,398

 
135,164

 
209,011

 
133,470

Diluted Earnings per Common Share
 
$
0.08

 
$
0.20

 
$
0.29

 
$
0.40