Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 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):

	Year Ended December 31,
	2022		2021		2020
Net income attributable to common stockholders	$	66,403	$	111,804	$	185,126
BASIC:
Weighted average common shares outstanding	44,774,708		45,714,221		44,696,285
DILUTED:
Weighted average common shares outstanding	44,774,708		45,714,221		44,696,285
Stock options	19,528		4,823		1,719
Convertible debt	—		10,453		—
Weighted average dilutive common shares outstanding	44,794,236		45,729,497		44,698,004
Net income attributable to common stockholders - basic	$	1.48	$	2.45	$	4.14
Net income attributable to common stockholders - diluted	$	1.48	$	2.44	$	4.14
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	564,803		383,716		390,596
Regular dividends declared per common share	$	3.60	$	3.8025	$	4.41