EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of Earning Per Share [Table Text Block]

	The calculations of earnings (loss) per common share for the quarters and nine-month periods ended September 30, 2017 and 2016 are as follows:
		Quarter Ended				Nine-Month Period Ended
		September 30,				September 30,
		2017		2016		2017		2016
(In thousands, except per share information)
Net (loss) income		$	(10,752)	$	24,074	$	42,787	$	69,371
Less: Preferred stock dividends			(669)		-		(2,007)		-
Net (loss) income attributable to common stockholders		$	(11,421)	$	24,074	$	40,780	$	69,371
Weighted-Average Shares:
Average common shares outstanding			214,187		212,927		213,812		212,682
Average potential dilutive common shares			-		3,651		2,322		2,577
Average common shares outstanding - assuming dilution			214,187		216,578		216,134		215,259
(Loss) earnings per common share:
Basic		$	(0.05)	$	0.11	$	0.19	$	0.33
Diluted		$	(0.05)	$	0.11	$	0.19	$	0.32