SELECTED QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY DATA (UNAUDITED)

19. QUARTERLY FINANCIAL DATA (UNAUDITED)

The following summarizes the combined consolidated quarterly financial information for the Company ($ in thousands except per share amounts):

	Q4 2014			Q3 2014			Q2 2014			Q1 2014
Net Interest income	$	56,931		$	48,459		$	45,112		$	36,822
Net interest income after provision for loan losses	30,728			28,381			28,211			21,831
Other income	31,906			61,337			55,489			40,434
Costs and expenses	48,045			42,207			45,258			38,575
Income before taxes	14,589			47,511			38,442			23,690
Net income	11,806			37,176			30,243			18,401
Net (income) loss attributable to noncontrolling interest in consolidated joint ventures	(83		)	306			(46		)	192
Net (income) loss attributable to predecessor unitholders	—			—			—			12,628
Net (income) loss attributable to noncontrolling interest in operating partnership	(7,350		)	(22,827		)	(17,691		)	(18,568		)
Net income attributable to Class A common shareholders	4,374			14,656			12,505			12,652
Earnings per share:
Basic	$	0.09		$	0.30		$	0.26		$	0.26
Diluted	$	0.09		$	0.28		$	0.22		$	0.24
	Q4 2013			Q3 2013			Q2 2013			Q1 2013
Interest income	$	30,516		$	29,633		$	30,168		$	31,261
Net interest income after provision for loan losses	17,324			16,929			18,076			19,904
Other income	36,227			35,525			70,346			99,606
Costs and expenses	33,528			30,603			27,951			29,393
Income before taxes	20,023			21,851			60,471			90,117
Net income	19,744			21,187			59,752			88,050
Net (income) loss attributable to noncontrolling interest in consolidated joint ventures	1,796			(1,025		)	354			(27		)
Net income attributable to predecessor unitholders	21,540			20,162			60,107			88,023