XML 97 R84.htm IDEA: XBRL DOCUMENT v3.19.2
EARNINGS PER SHARE - Schedule of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 105,511,385 96,810,266 104,888,925 96,003,151
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.31 $ 0.40 $ 0.52 $ 0.93
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 105,511,385 96,810,266 104,888,925 96,003,151
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 105,892,420 97,165,899 105,742,589 96,276,824
Diluted net income (loss) per share of Class A common stock (in dollars per share) $ 0.30 $ 0.40 $ 0.51 $ 0.93
Class A Common Stock        
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 32,244 $ 38,406 $ 54,419 $ 89,281
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 105,511,385 96,810,266 104,888,925 96,003,151
Basic net income (loss) per share of Class A common stock (in dollars per share) $ 0.31 $ 0.40 $ 0.52 $ 0.93
Numerator:        
Net income (loss) attributable to Class A common shareholders $ 32,244 $ 38,406 $ 54,419 $ 89,281
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss) 0 0 0 0
Additional corporate tax (expense) benefit 0 0 0 0
Diluted Net income (loss) available for Class A common shareholders $ 32,244 $ 38,406 $ 54,419 $ 89,281
Denominator:        
Weighted average number of shares of Class A common stock outstanding (in shares) 105,511,385 96,810,266 104,888,925 96,003,151
Shares issuable relating to converted Class B common shareholders (in shares) 0 0 0 0
Incremental shares of unvested Class A restricted stock (in shares) 381,035 355,633 853,664 273,673
Diluted weighted average number of shares of Class A common stock outstanding (in shares) 105,892,420 97,165,899 105,742,589 96,276,824
Diluted net income (loss) per share of Class A common stock (in dollars per share) $ 0.30 $ 0.40 $ 0.51 $ 0.93