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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of the Company's net income and weighted average shares outstanding
The Company’s net income (loss) and weighted average shares outstanding for the three and nine months ended September 30, 2016 and 2015 consist of the following:
 
($ in thousands except share amounts)
 
For the Three Months Ended September 30, 2016
 
For the Three Months Ended September 30, 2015
 
For the Nine Months Ended September 30, 2016
 
For the Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Basic Net income (loss) available for Class A common shareholders
 
$
27,608

 
$
3,313

 
$
24,871

 
$
46,698

Diluted Net income (loss) available for Class A common shareholders
 
$
27,608

 
$
3,313

 
$
24,871

 
$
46,698

Weighted average shares outstanding
 
 

 
 

 
 

 
 

Basic
 
62,148,362

 
52,922,487

 
60,976,046

 
51,091,977

Diluted
 
63,347,690

 
53,348,858

 
61,875,010

 
51,388,851

Schedule of calculation of basic and diluted net income per share amounts
(In thousands except share amounts)
 
For the Three Months Ended September 30, 2016
 
For the Three Months Ended September 30, 2015
 
For the Nine Months Ended September 30, 2016
 
For the Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Basic Net Income (Loss) Per Share of Class A Common Stock
 
 
 
 
 
 

 
 

Numerator:
 
 
 
 
 
 

 
 

Net income (loss) attributable to Class A common shareholders
 
$
27,608

 
$
3,313

 
$
24,871

 
$
46,698

Denominator:
 
 

 
 

 
 

 
 

Weighted average number of shares of Class A common stock outstanding
 
62,148,362

 
52,922,487

 
60,976,046

 
51,091,977

Basic net income (loss) per share of Class A common stock
 
$
0.44

 
$
0.06

 
$
0.41

 
$
0.91

 
 
 
 
 
 
 
 
 
Diluted Net Income (Loss) Per Share of Class A Common Stock
 
 
 
 
 
 

 
 

Numerator:
 
 
 
 
 
 

 
 

Net income (loss) attributable to Class A common shareholders
 
$
27,608

 
$
3,313

 
$
24,871

 
$
46,698

Diluted net income (loss) attributable to Class A common shareholders
 
$
27,608

 
$
3,313

 
$
24,871

 
$
46,698

Denominator:
 
 
 
 
 
 

 
 

Basic weighted average number of shares of Class A common stock outstanding
 
62,148,362

 
52,922,487

 
60,976,046

 
51,091,977

Add - dilutive effect of:
 
 

 
 

 
 

 
 

Incremental shares of unvested Class A restricted stock
 
1,199,328

 
426,371

 
898,964

 
296,874

Diluted weighted average number of shares of Class A common stock outstanding
 
63,347,690

 
53,348,858

 
61,875,010

 
51,388,851

Diluted net income (loss) per share of Class A common stock
 
$
0.44

 
$
0.06

 
$
0.40

 
$
0.91