Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reflects the allocation of net income to common shareholders and EPS computations for the periods indicated based on a weighted average number of common stock outstanding for the period:
 
For the Three Months Ended March 31,
(in thousands, except per share data)
2018
 
2017
Net income attributable to Class A Common Stock
$
66,090

 
$
9,823

Less: Income allocable to participating securities

 
1,125

Adjusted net income attributable to Class A Common Stock
66,090

 
8,698

 
 
 
 
Basic net earnings per share of Class A Common Stock
$
0.25

 
$
0.04

Diluted net earnings per share of Class A Common Stock
$
0.25

 
$
0.04

 
 
 
 
Basic weighted average shares of Class A Common Stock outstanding
261,324

 
201,776

Add: Dilutive effects of equity awards
3,859

 
3,166

Diluted weighted average shares of Class A Common Stock outstanding
265,183

 
204,942