Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

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 months ended March 31, 2016 and 2015.

	Three Months Ended March 31,
	2016		2015
	(in thousands, except for share data)
Net income available to common shareholders	$	34,390	$	30,341
Basic weighted average number of common shares outstanding	254,075,349		232,338,775
Plus: Common stock equivalents	272,071		3,146
Diluted weighted average number of common shares outstanding	254,347,420		232,341,921
Earnings per common share:
Basic	$	0.14	$	0.13
Diluted	0.14		0.13