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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
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, 2020 and 2019:
 
Three Months Ended
March 31,
 
2020
 
2019
 
(in thousands, except for share data)
Net income available to common shareholders
$
84,096

 
$
110,158

Basic weighted average number of common shares outstanding
403,519,088

 
331,601,260

Plus: Common stock equivalents
1,905,035

 
1,233,206

Diluted weighted average number of common shares outstanding
405,424,123

 
332,834,466

Earnings per common share:
 
 
 
Basic
$
0.21

 
$
0.33

Diluted
0.21

 
0.33