Common Stock (Tables)

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Schedule of Earnings Per Share

Earnings per share for the years ended December 31, 2015, 2014 and 2013, respectively, are computed as follows:

	For the Year Ended
	December 31, 2015		December 31, 2014		December 31, 2013
	(dollars in thousands)
Numerator:
Net income	$	250,349	$	589,205	$	362,686
Effect of dilutive securities:		-		-		-
Dilutive net income  available to stockholders	$	250,349	$	589,205	$	362,686
Denominator:
Weighted average basic shares		199,563,196		205,450,095		205,418,876
Effect of dilutive securities		86,981		58,674		95,193
Weighted average dilutive shares		199,650,177		205,508,769		205,514,069
Net income  per average share attributable to common stockholders - Basic	$	1.25	$	2.87	$	1.77
Net income  per average share attributable to common stockholders - Diluted	$	1.25	$	2.87	$	1.76