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(Loss) Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2020
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 (loss) earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Basic (Loss) Earnings per Common Share:
 
 
 
 
Net (loss) income attributable to Company
 
$
(588,383
)
 
$
44,139

Less: Preferred stock dividends (1)
 
(10,297
)
 
(5,925
)
Net (loss) income attributable to Company's common stockholders
 
$
(598,680
)
 
$
38,214

Basic weighted average common shares outstanding
 
350,912

 
174,421

Basic (Loss) Earnings per Common Share
 
$
(1.71
)
 
$
0.22

 
 
 
 
 
Diluted (Loss) Earnings per Common Share:
 
 
 
 
Net (loss) income attributable to Company
 
$
(588,383
)
 
$
44,139

Less: Preferred stock dividends (1)
 
(10,297
)
 
(5,925
)
Add back: Interest expense on convertible notes for the period, net of tax
 
—

 
2,626

Net (loss) income attributable to Company's common stockholders
 
$
(598,680
)
 
$
40,840

Weighted average common shares outstanding
 
350,912

 
174,421

Net effect of assumed convertible notes conversion to common shares
 
—

 
19,694

Net effect of assumed PSUs vested
 
—

 
855

Diluted weighted average common shares outstanding
 
350,912

 
194,970

Diluted (Loss) Earnings per Common Share
 
$
(1.71
)
 
$
0.21



(1)    Includes accumulated dividends for the three months ended March 31, 2020.