Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

The computation of basic and diluted earnings (loss) per share is as follows:

	Years Ended December 31,
($ in thousands, except per share amounts)	2018			2017			2016
Net Income (Loss)	$	76,080		$	39,939		$	48,763
Noncontrolling interests	(551		)	(2,927		)	(261		)
Net Income (Loss) Attributable to Stockholders	75,529			37,012			48,502
Preferred stock dividends	(8,337		)	(8,336		)	—
Net Income (Loss) Attributable to Common Stockholders	$	67,192		$	28,676		$	48,502
Shares (in thousands):
Basic: Weighted-average number of shares outstanding	7,174			7,013			7,648
Plus: Incremental shares from assumed conversion of dilutive instruments	1,353			234			174
Diluted: Weighted-average number of shares outstanding	8,527			7,247			7,822
Earnings (Loss) per Share—Basic	$	9.37		$	4.09		$	6.34
Earnings (Loss) per Share—Diluted	$	8.86		$	3.96		$	6.20

The following table details the securities that have been excluded from the above computation of weighted-average number of shares for diluted EPS, because the effect would be anti-dilutive.

	Years Ended Years Ended December 31,
(In thousands)	2018	2017	2016
Restricted stock units and stock options	12	—	8
Preferred stock	—	897	—
Total anti-dilutive securities	12	897	8