EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Schedule of the Company's net income and weighted average shares outstanding

The Company’s net income (loss) and weighted average shares outstanding for the years ended December 31, 2016 and 2015 and the period February 11, 2014 through December 31, 2014 consist of the following:

($ in thousands except share amounts)	For the Year Ended December 31, 2016		For the Year Ended December 31, 2015		For the Period February 11, 2014 through December 31, 2014
Basic Net income (loss) available for Class A common shareholders	$	66,727	$	73,821	$	44,187
Diluted Net income (loss) available for Class A common shareholders	$	114,156	$	73,821	$	84,228
Weighted average shares outstanding
Basic	61,998,089		51,702,188		49,296,417
Diluted	107,638,788		51,870,808		97,583,310

Schedule of calculation of basic and diluted net income per share amounts

(In thousands except share amounts)	For the Year Ended December 31, 2016		For the Year Ended December 31, 2015		For the Period February 11, 2014 through December 31, 2014
Basic Net Income (Loss) Per Share of Class A Common Stock
Numerator:
Net income (loss) attributable to Class A common shareholders	$	66,727	$	73,821	$	44,187
Denominator:
Weighted average number of shares of Class A common stock outstanding	61,998,089		51,702,188		49,296,417
Basic net income (loss) per share of Class A common stock	$	1.08	$	1.43	$	0.90
Diluted Net Income (Loss) Per Share of Class A Common Stock
Numerator:
Net income (loss) attributable to Class A common shareholders	$	66,727	$	73,821	$	44,187
Add (deduct) - dilutive effect of:
Amounts attributable to operating partnership’s share of Ladder Capital Corp net income (loss)	47,130		—		66,437
Additional corporate tax (expense) benefit	299		—		(26,396		)
Diluted net income (loss) attributable to Class A common shareholders	$	114,156	$	73,821	$	84,228
Denominator:
Basic weighted average number of shares of Class A common stock outstanding	61,998,089		51,702,188		49,296,417
Add - dilutive effect of:
Shares issuable relating to converted Class B common shareholders	45,118,668		—		48,145,875
Incremental shares of unvested Class A restricted stock	522,031		168,620		141,018
Diluted weighted average number of shares of Class A common stock outstanding	107,638,788		51,870,808		97,583,310
Diluted net income (loss) per share of Class A common stock	$	1.06	$	1.42	$	0.86