Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings per Share

The computation of basic and diluted EPS is as follows: 

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
($ in thousands, except per share amounts)
Net Income (Loss)	$	27,899		$	23,229		$	50,367		$	47,056
Noncontrolling interests	(973		)	(159		)	(1,695		)	(686		)
Net Income (Loss) Attributable to Stockholders	26,926			23,070			48,672			46,370
Preferred stock dividends	(2,084		)	(2,084		)	(4,168		)	(4,168		)
Net Income (Loss) Attributable to Common Stockholders	$	24,842		$	20,986		$	44,504		$	42,202
Shares (in thousands):
Basic: Weighted-average number of common shares outstanding	6,999			7,211			7,010			7,204
Plus: Incremental shares from assumed conversion of dilutive instruments	1,253			1,190			1,280			1,192
Diluted: Weighted-average number of common shares outstanding	8,252			8,401			8,290			8,396
Earnings (Loss) per Share—Basic	$	3.55		$	2.91		$	6.35		$	5.86
Earnings (Loss) per Share—Diluted	$	3.26		$	2.75		$	5.87		$	5.52

Securities Excluded from Computation of Diluted EPS

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.

	Three Months Ended June 30,		Six Months Ended June 30,
	2019	2018	2019	2018
(in thousands)
Restricted stock units	27	44	24	29
Total anti-dilutive securities	27	44	24	29