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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earning per Share

As of June 30, 2022 and 2021 we had no dilutive securities. As a result, basic and diluted EPS are the same. The calculation of basic and diluted EPS is as follows ($ in thousands, except for share and per share data):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Net income attributable to common stockholders

 

$

63,234

 

 

$

42,021

 

 

$

92,646

 

 

$

100,629

 

Dividends on participating securities

 

 

(799

)

 

 

-

 

 

 

(799

)

 

 

-

 

Participating securities' share in earnings

 

 

(31

)

 

 

-

 

 

 

-

 

 

 

-

 

Basic earnings

 

$

62,404

 

 

$

42,021

 

 

$

91,847

 

 

$

100,629

 

Weighted average number of common stock, basic and diluted

 

 

139,637,949

 

 

 

133,433,487

 

 

 

139,675,019

 

 

 

133,520,821

 

Net income per share of common stock, basic and diluted

 

$

0.45

 

 

$

0.31

 

 

$

0.66

 

 

$

0.75