Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share, Basic and Diluted [Abstract]

Schedule of Calculation of Numerator and Denominator in Net Income Per Common Share [Table Text Block]

The following table presents the calculation of the numerator and denominator for both basic and diluted net income per common share:

	Three Months Ended
	June 30,
	2013					2012
	Income			Weighted-Average Common Shares		Income		Weighted- Average Common Shares
Net income	$	31,534				$	18,847
Preferred stock dividends	(2,092		)			—
Net income to common shareholders	$	29,442		54,973,561		$	18,847	54,353,811
Effect of dilutive stock options	—			—		—		—
Diluted	$	29,442		54,973,561		$	18,847	54,353,811
Net income per common share:
Basic				$	0.54			$	0.35
Diluted (1)				$	0.54			$	0.35

(1) For the three months ended June 30, 2012, the calculation of diluted net income per common shareexcludes the effect of 15,000 unexercised stock option awards because their inclusion would have been anti-dilutive.

	Six Months Ended
	June 30,
	2013					2012
	Income			Weighted-Average Common Shares		Income		Weighted- Average Common Shares
Net income	$	51,136				$	35,323
Preferred stock dividends	(3,313		)			—
Net income to common shareholders	$	47,823		54,638,651		$	35,323	51,930,581
Effect of dilutive stock options	—			—		—		—
Diluted	$	47,823		54,638,651		$	35,323	51,930,581
Net income per common share:
Basic				$	0.88			$	0.68
Diluted (1)				$	0.88			$	0.68

(1) For the six months ended June 30, 2012, the calculation of diluted net income per common shareexcludes the effect of 15,000 unexercised stock option awards because their inclusion would have been anti-dilutive.