XML 34 R42.htm IDEA: XBRL DOCUMENT
v3.19.3

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Earnings Per Share [Abstract] |
Schedule of 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 September 30, |  | Nine Months Ended September 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Basic Earnings per Common Share |  |  |  |  |  |  |  |
Net income attributable to Company |  | $ | 41,379 |  |  | $ | 33,973 |  |  | $ | 108,254 |  |  | $ | 93,285 |
Less: Preferred stock dividends |  | (6,544 | ) |  | (5,925 | ) |  | (18,726 | ) |  | (17,775 | )
Net income attributable to Company's common stockholders |  | $ | 34,835 |  |  | $ | 28,048 |  |  | $ | 89,528 |  |  | $ | 75,510 |
Basic weighted average common shares outstanding |  | 234,043 |  |  | 132,413 |  |  | 203,270 |  |  | 119,955 |
Basic Earnings per Common Share |  | $ | 0.15 |  |  | $ | 0.21 |  |  | $ | 0.44 |  |  | $ | 0.63 |
Diluted Earnings per Common Share: |  |  |  |  |  |  |  |
Net income attributable to Company |  | $ | 41,379 |  |  | $ | 33,973 |  |  | $ | 108,254 |  |  | $ | 93,285 |
Less: Preferred stock dividends |  | (6,544 | ) |  | (5,925 | ) |  | (18,726 | ) |  | (17,775 | )
Add back: Interest expense on convertible notes for the period, net of tax |  | 2,674 |  |  | 2,570 |  |  | 7,981 |  |  | 7,838 |
Net income attributable to Company's common stockholders |  | $ | 37,509 |  |  | $ | 30,618 |  |  | $ | 97,509 |  |  | $ | 83,348 |
Weighted average common shares outstanding |  | 234,043 |  |  | 132,413 |  |  | 203,270 |  |  | 119,955 |
Net effect of assumed convertible notes conversion to common shares |  | 19,694 |  |  | 19,694 |  |  | 19,694 |  |  | 19,694 |
Net effect of assumed PSUs vested |  | 1,800 |  |  | 620 |  |  | 1,781 |  |  | 395 |
Diluted weighted average common shares outstanding |  | 255,537 |  |  | 152,727 |  |  | 224,745 |  |  | 140,044 |
Diluted Earnings per Common Share |  | $ | 0.15 |  |  | $ | 0.20 |  |  | $ | 0.43 |  |  | $ | 0.60 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration