EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS PER COMMON SHARE

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,
	2021		2020		2021		2020
Earnings (loss) per common share
Net income (loss)	$	235,473	$	120,040	$	358,770	$	(57,783)
Less: Preferred share dividends	7,563		7,563		15,125		15,125
Net income (loss) available (attributable) to common shareholders	227,910		112,477		343,645		(72,908)
Weighted average common shares outstanding	84,764		84,303		84,640		84,198
Earnings (loss) per common share	$	2.69	$	1.33	$	4.06	$	(0.87)
Earnings (loss) per diluted common share
Net income (loss) available (attributable) to common shareholders	$	227,910	$	112,477	$	343,645	$	(72,908)
Weighted average common shares outstanding	84,764		84,303		84,640		84,198
Share-based compensation plans(1)	503		297		477		—
Weighted average diluted common shares outstanding	85,267		84,600		85,117		84,198
Earnings (loss) per diluted common share	$	2.67	$	1.33	$	4.04	$	(0.87)
Weighted average anti-dilutive shares excluded from the dilutive computation	445		1,391		1,071		1,098

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