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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Company's unaudited earnings per share calculations
The following tables set forth the Company’s earnings per share calculations for the periods indicated:
 
 
For the Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(dollars in thousands, except per share data)
Basic
 
 
 
 
 
 
Net income
 
$
159,718

 
$
123,340

 
$
60,100

Less: Earnings allocated to participating securities
 
(1,650
)
 

 

Net income allocated to common stockholders
 
$
158,068

 
$
123,340

 
$
60,100

 
 
 
 
 
 
 
Weighted average common shares outstanding
 
60,339,714

 
53,963,047

 
37,705,556

Basic earnings per common share
 
$
2.62

 
$
2.29

 
$
1.59

 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
Net income allocated to common stockholders
 
$
158,068

 
$
123,340

 
$
60,100

 
 
 
 
 
 
 
Weighted average common shares outstanding
 
60,339,714

 
53,963,047

 
37,705,556

Diluted effect of share-based compensation
 
352,567

 
650,010

 
805,705

Weighted average diluted common shares
 
60,692,281

 
54,613,057

 
38,511,261

Diluted earnings per common share
 
$
2.60

 
$
2.26

 
$
1.56