Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
($ in thousands, except per share amounts)
Net Income (Loss)	$	25,359		$	27,931		$	75,726		$	74,987
Noncontrolling interests	(1,274		)	(933		)	(2,969		)	(1,619		)
Net Income (Loss) Attributable to Stockholders	24,085			26,998			72,757			73,368
Preferred stock dividends	(2,085		)	(2,085		)	(6,253		)	(6,253		)
Net Income (Loss) Attributable to Common Stockholders	$	22,000		$	24,913		$	66,504		$	67,115
Shares (in thousands):
Basic: Weighted-average number of common shares outstanding	6,947			7,175			6,990			7,195
Plus: Incremental shares from assumed conversion of dilutive instruments	1,210			1,281			1,225			1,268
Diluted: Weighted-average number of common shares outstanding	8,157			8,456			8,215			8,463
Earnings (Loss) per Share—Basic	$	3.17		$	3.47		$	9.51		$	9.33
Earnings (Loss) per Share—Diluted	$	2.95		$	3.19		$	8.86		$	8.67

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 September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
(in thousands)
Restricted stock units	32	22	29	16
Total anti-dilutive securities	32	22	29	16