EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2017

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 years endedDecember 31, 2017, 2016 and 2015 consist of the following:

($ in thousands except share amounts)	For the Year Ended December 31, 2017		For the Year Ended December 31, 2016		For the Year Ended December 31, 2015
Basic Net income (loss) available for Class A common shareholders	$	95,276	$	66,727	$	73,821
Diluted Net income (loss) available for Class A common shareholders	$	124,046	$	114,156	$	73,821
Weighted average shares outstanding
Basic	81,902,524		61,998,089		51,702,188
Diluted	109,704,880		107,638,788		51,870,808

Schedule of calculation of basic and diluted net income per share amounts

(In thousands except share amounts)	For the Year Ended December 31, 2017			For the Year Ended December 31, 2016		For the Year Ended December 31, 2015
Basic Net Income (Loss) Per Share of Class A Common Stock
Numerator:
Net income (loss) attributable to Class A common shareholders	$	95,276		$	66,727	$	73,821
Denominator:
Weighted average number of shares of Class A common stock outstanding	81,902,524			61,998,089		51,702,188
Basic net income (loss) per share of Class A common stock	$	1.16		$	1.08	$	1.43
Diluted Net Income (Loss) Per Share of Class A Common Stock
Numerator:
Net income (loss) attributable to Class A common shareholders	$	95,276		$	66,727	$	73,821
Add (deduct) - dilutive effect of:
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss)	30,378			47,130		—
Additional corporate tax (expense) benefit	(1,608		)	299		—
Diluted net income (loss) attributable to Class A common shareholders	$	124,046		$	114,156	$	73,821
Denominator:
Basic weighted average number of shares of Class A common stock outstanding	81,902,524			61,998,089		51,702,188
Add - dilutive effect of:
Shares issuable relating to converted Class B common shareholders	27,773,765			45,118,668		—
Incremental shares of unvested Class A restricted stock	28,591			522,031		168,620
Diluted weighted average number of shares of Class A common stock outstanding	109,704,880			107,638,788		51,870,808
Diluted net income (loss) per share of Class A common stock	$	1.13		$	1.06	$	1.42