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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Calculations of Basic and Diluted EPS
The following table provides details of the calculations of basic and diluted EPS for the three years ended December 31:
 
2019
 
2018
 
2017
Income (loss) from continuing operations
$
(118,608
)
 
$
99,451

 
$
323,427

Less: Preferred Stock dividends
(8,582
)
 
(13,800
)
 
(13,800
)
Income (loss) from continuing operations attributable to common stockholders
$
(127,190
)
 
$
85,651

 
$
309,627

Income from discontinued operations
96,158

 
28,965

 
1,537

Net income (loss) available for common stockholders
(31,032
)
 
114,616

 
311,164

 
 
 
 
 
 
Shares used for determining basic earnings per share of common stock
54,511,863

 
50,602,480

 
43,416,868

Dilutive effect of:
 
 
 
 
 
Stock options
—

 
1,307

 
—

Performance and restricted shares
—

 
1,431,794

 
1,113,866

Preferred Stock
—

 
13,361,678

 
11,371,718

Shares used for determining diluted earnings per share of common stock
54,511,863

 
65,397,259

 
55,902,452

Basic earnings per share (not in thousands)
 
 
 
 


Income (loss) from continuing operations
$
(2.33
)
 
$
1.70

 
$
7.13

Income from discontinued operations
1.76

 
0.57

 
0.04

Net income (loss)
$
(0.57
)
 
$
2.27

 
$
7.17

Diluted earnings per share (not in thousands)
 
 
 
 
 
Income (loss) from continuing operations
$
(2.33
)
 
$
1.52

 
$
5.78

Income from discontinued operations
1.76

 
0.44

 
0.03

Net income (loss)
$
(0.57
)
 
$
1.96

 
$
5.81


Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share
Anti-dilutive instruments excluded from the computation of diluted earnings per share for the three years ended December 31, are as follows:
 
2019
 
2018
 
2017
Stock options
205,026

 
260,033

 
373,058

Performance and restricted shares
494,469

 
398,004

 
798

Total
699,495

 
658,037

 
373,856