EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2020

The following table presents a comparison of earnings (loss) per common share and earnings (loss) per diluted common share:


	Three months ended June 30,						Six months ended June 30,
	2020		2019		2020		2019

Earnings (loss) per common share
Net income (loss)	$	120,040	$	177,043	$	(57,783)	$	285,828

Less: Preferred share dividends	7,563		10,656		15,125		21,313

Net income (loss) available (attributable) to common shareholders	112,477		166,387		(72,908)		264,515
Weighted average common shares outstanding	84,303		83,941		84,198		83,834
Earnings (loss) per common share	$	1.33	$	1.98	$	(0.87)	$	3.16

Earnings (loss) per diluted common share
Net income (loss) available (attributable) to common shareholders	$	112,477	$	166,387	$	(72,908)	$	264,515

Weighted average common shares outstanding	84,303		83,941		84,198		83,834

Share-based compensation plans⁽¹⁾	297		460		—		504
Weighted average diluted common shares outstanding	84,600		84,401		84,198		84,338

Earnings (loss) per diluted common share	$	1.33	$	1.97	$	(0.87)	$	3.14

Weighted average anti-dilutive shares excluded from the dilutive computation	1,391		3		1,098		302

(1) Due to the net loss recognized for the six months ended June 30, 2020, the share equivalents were anti-dilutive.