Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per common share ($ in thousands, except share and per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Net income attributable to common stockholders	$	21,673	$	39,183	$	30,073	$	74,513
BASIC:
Weighted average common shares outstanding	45,708,238		45,850,599		45,779,433		45,577,843
DILUTED:
Weighted average common shares outstanding	45,708,238		45,850,599		45,779,433		45,577,843
Stock options	10,300		7,475		5,338		9,174
Convertible senior notes	—		—		—		20,907
Weighted average dilutive common shares outstanding	45,718,538		45,858,074		45,784,771		45,607,924
Net income attributable to common stockholders - basic	$	0.47	$	0.85	$	0.66	$	1.63
Net income attributable to common stockholders - diluted	$	0.47	$	0.85	$	0.66	$	1.63
Incremental anti-dilutive shares excluded:
Net share effect of stock options with an exercise price in excess of the average market price for our common shares	503,862		290,998		488,187		248,223
Regular dividends declared per common share	$	0.90	$	0.90	$	1.80	$	2.0025