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Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2014 and 2013:
 
 
Three Months Ended
 
 
March 31,
 
 
2014
 
2013
 
 
(in thousands except per share)
Basic EPS:
 
 
 
 
Net income
 
$
19,844

 
$
12,176

Less: Earnings allocated to participating securities
 
 
 
 
Preferred shares
 
40

 
—

Nonvested restricted shares
 
169

 
123

Earnings allocated to common shareholders
 
$
19,635

 
$
12,053

Weighted average common shares outstanding
 
51,097

 
39,348

Basic earnings per common share
 
$
0.38

 
$
0.31

Diluted EPS:
 
 
 
 
Earnings allocated to common shareholders
 
$
19,639

 
$
12,053

Weighted average common shares outstanding
 
51,097

 
39,348

Dilutive effect of equity awards
 
1,336

 
3

Weighted average diluted common shares outstanding
 
52,433

 
39,351

Diluted earnings per common share
 
$
0.37

 
$
0.31

Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive
 
83

 
9