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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 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):
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Basic Earnings per Common Share
 
 
 
 
 
 
Net income attributable to Company
 
$
173,736

 
$
102,886

 
$
91,980

Less: Preferred stock dividends
 
(28,901
)
 
(23,700
)
 
(15,660
)
Net income attributable to Company’s common stockholders
 
$
144,835

 
$
79,186

 
$
76,320

Basic weighted average common shares outstanding
 
221,380

 
127,243

 
111,836

Basic Earnings per Common Share
 
$
0.65

 
$
0.62

 
$
0.68

 
 
 
 
 
 
 
Diluted Earnings per Common Share:
 
 
 
 
 
 
Net income attributable to Company
 
$
173,736

 
$
102,886

 
$
91,980

Less: Preferred stock dividends
 
(28,901
)
 
(23,700
)
 
(15,660
)
Add back: Interest expense on convertible notes for the period, net of tax
 
10,662

 
10,475

 
9,158

Net income attributable to Company’s common stockholders
 
$
155,497

 
$
89,661

 
$
85,478

Weighted average common shares outstanding
 
221,380

 
127,243

 
111,836

Net effect of assumed convertible notes conversion to common shares
 
19,695

 
19,695

 
18,507

Net effect of assumed PSUs vested
 
1,521

 
512

 
—

Diluted weighted average common shares outstanding
 
$
242,596

 
$
147,450

 
$
130,343

Diluted Earnings per Common Share
 
$
0.64

 
$
0.61

 
$
0.66