EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

	Three Months Ended
	March 31,
	2014		2013
Net income	$	34,524	$	28,538
Preferred stock dividends		2,322		—
Net income available to common stockholders	$	32,202	$	28,538
Basic weighted average common shares outstanding		162,186,395		139,650,495
Net effect of dilutive stock options, warrants, restricted stock and convertible debt		1,780,851		1,415,695
Diluted weighted average common shares outstanding		163,967,246		141,066,190
Earnings per common share:
Basic	$	0.20	$	0.20
Diluted	$	0.20	$	0.20