Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The components of the calculation of basic earnings/(loss) per share and diluted earnings/(loss) per share are as follows:

		Three Months Ended
		March 31,
		2015		2014

Net income		$	42,901	$	12,550

Weighted average common shares outstanding:

Class A common stock – basic	⁽¹⁾		520,583,598

Class A common stock – diluted	⁽¹⁾		520,587,201

Class B common stock - basic and diluted	⁽²⁾		7,924,944

Common stock - basic and diluted					30,516,394

⁽¹⁾

The weighted average common shares outstanding for Class A Common Stock was calculated using the Class A Common Stock outstanding and the Class A Warrants outstanding for the period January 1, 2015 through March 31, 2015. As of March 31, 2015 there were 310,726,271 shares of Class A Common Stock outstanding and 210,145,872 Class A Warrants outstanding.

⁽²⁾

The weighted average common shares outstanding for Class B Common Stock basic and diluted was calculated using Class B Common Stock outstanding and Class B Warrants outstanding for the period January 1, 2015 through March 31, 2015. As of March 31, 2015 there were 5,711,847 shares of Class B Common Stock outstanding and 2,212,204 Class B Warrants outstanding.