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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Numerator:                      
Net income $ 326,384 $ 392,453 $ 468,954 $ 448,528 $ 136,494 $ 227,408 $ 243,646 $ 150,423 $ 1,693,300 $ 727,821 $ 629,709
Net (income) loss attributable to noncontrolling interests                 (56,981) 30,150 (10,431)
Net income available to Arch                 1,636,319 757,971 619,278
Preferred dividends (10,403) (10,403) (10,403) (10,403) (10,403) (10,402) (10,403) (10,437) (41,612) (41,645) (46,041)
Loss on redemption of preferred shares                 0 (2,710) (6,735)
Net income available to Arch common shareholders $ 315,981 $ 382,050 $ 458,551 $ 438,125 $ 126,091 $ 217,006 $ 233,243 $ 137,276 $ 1,594,707 $ 713,616 $ 566,502
Denominator:                      
Weighted average common shares outstanding                 401,802,815 401,036,376 377,531,628
Series D preferred securities [1]                 0 3,311,245 26,606,736
Weighted average common shares outstanding — basic                 401,802,815 404,347,621 404,138,364
Effect of dilutive common share equivalents:                      
Nonvested restricted shares                 1,673,770 1,474,207 3,936,594
Stock options [2]                 8,132,893 7,084,650 9,710,067
Weighted average common shares and common share equivalents outstanding — diluted                 411,609,478 412,906,478 417,785,025
Earnings per common share:                      
Basic (per share) $ 0.78 $ 0.95 $ 1.14 $ 1.09 $ 0.31 $ 0.54 $ 0.58 $ 0.34 $ 3.97 $ 1.76 $ 1.40
Diluted (per share) $ 0.76 $ 0.92 $ 1.12 $ 1.07 $ 0.31 $ 0.53 $ 0.56 $ 0.33 $ 3.87 $ 1.73 $ 1.36
Stock Options                      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]                      
Antidilutive securities excluded from computation of earnings per common share (shares)                 1,302,017 5,673,821 2,603,451
[1]
The company has determined that, based on a review of the terms, features and rights of the Company’s non-voting common equivalent preferred shares compared to the rights of the Company’s common shareholders, the underlying common shares that the convertible securities convert to were common share equivalents at the time of their issuance.
[2]
Certain stock options were not included in the computation of diluted earnings per share where the exercise price of the stock options exceeded the average market price and would have been anti-dilutive or where, when applying the treasury stock method to in-the-money options, the sum of the proceeds, including unrecognized compensation, exceeded the average market price and would have been anti-dilutive. For 2019, 2018 and 2017, the number of stock options excluded were 1,302,017, 5,673,821 and 2,603,451, respectively.