Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017 and 2016.

	Three Months Ended March 31,
	2017		2016
	(in thousands, except for share data)
Net income available to common shareholders	$	44,298	$	34,390
Basic weighted average number of common shares outstanding	263,797,024		254,075,349
Plus: Common stock equivalents	749,242		272,071
Diluted weighted average number of common shares outstanding	264,546,266		254,347,420
Earnings per common share:
Basic	$	0.17	$	0.14
Diluted	0.17		0.14