XML 70 R20.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2014
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 for the periods indicated:
 
Year Ended
 
December 31, 2014
 
December 31, 2013
 
December 31, 2012
 
Net 
Income
 
Weighted-Average Common Shares
 
Net 
Income
 
Weighted-
Average
Common
Shares
 
Net 
Income
 
Weighted-
Average
Common
Shares
Net income
$
27,806

 
 
 
$
68,069

 
 
 
$
74,042

 
 
Preferred stock dividends
(9,176
)
 
 
 
(7,902
)
 
 
 
(2,036
)
 
 
Net income to common shareholders
18,630

 
54,701,485

 
60,167

 
54,647,643

 
72,006

 
53,146,416

Effect of dilutive instruments

 

 

 

 

 

Diluted net income to common shareholders
$
18,630

 
54,701,485

 
$
60,167

 
54,647,643

 
$
72,006

 
53,146,416

Net income per common share:
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted (1)
 

 
$
0.34

 
 

 
$
1.10

 
 

 
$
1.35


(1)
For the year ended December 31, 2012, the calculation of diluted net income per common share excludes the effect of 15,000 unexercised stock option awards because their inclusion would have been anti-dilutive. The Company did not have any potentially dilutive securities outstanding for the years ended December 31, 2014 or December 31, 2013.