Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2015 and 2014.

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in thousands, except for share data)
Net income	$	31,991	$	29,520	$	62,332	$	63,355
Basic weighted average number of common shares outstanding	232,565,404		200,472,592		232,452,716		200,301,438
Plus: Common stock equivalents	21,212		—		5,032		—
Diluted weighted average number of common shares outstanding	232,586,616		200,472,592		232,457,748		200,301,438
Earnings per common share:
Basic	$	0.14	$	0.15	$	0.27	$	0.32
Diluted	0.14		0.15		0.27		0.32