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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2018
Accounting Policies [Abstract] |
Schedule of cumulative effect adjustments resulting from the adoption of ASU 2014-09 | The cumulative effect adjustments resulting from the adoption of ASU 2014-09 as of January 1, 2018 were as follows:
(amounts in thousands) |  | Balance at December 31, 2017 |  | Adjustment due to ASU 2014-09 Adoption |  | Balance at January 1, 2018
Assets |  |  |  |  |  |
Deferred commission expense |  | $ | 31,443 |  |  | $ | 8,200 |  |  | $ | 39,643 |
Liabilities |  |  |  |  |  |
Deferred revenue-upfront payment from right-to-use contracts |  | $ | 85,596 |  |  | $ | 23,386 |  |  | $ | 108,982 |
Equity |  |  |  |  |  |
Distribution in excess of accumulated earnings |  | $ | (211,980 | ) |  | $ | (15,186 | ) |  | $ | (227,166 | )
The impact of ASU 2014-09 on the Company’s Consolidated Statements of Income and Comprehensive Income for the quarter ended June 30, 2018 was as follows:
(amounts in thousands, except per share data) |  | As Reported |  | Balances Without Adoption of ASU 2014-09 (a) |  | Effect of Change Higher/(Lower)
Revenues |  |  |  |  |  |
Right-to-use contract upfront payments, deferred, net |  | $ | (2,021 | ) |  | $ | (1,286 | ) |  | $ | 735 |
Total revenues |  | $ | 240,502 |  |  | $ | 241,237 |  |  | $ | (735 | )
Expenses |  |  |  |  |  |  |
Right-to-use contract commissions, deferred, net |  | $ | (262 | ) |  | $ | (43 | ) |  | $ | 219 |
Total expenses |  | $ | 192,946 |  |  | $ | 193,165 |  |  | $ | (219 | )
Consolidated net income |  | $ | 49,169 |  |  | $ | 49,685 |  |  | $ | (516 | )
Net income available for Common Stockholders |  | $ | 46,137 |  |  | $ | 46,629 |  |  | $ | (492 | )
Earnings per Common Share - Basic |  | $ | 0.52 |  |  | $ | 0.53 |  |  | $ | (0.01 | )
Earnings per Common Share - Fully Diluted |  | $ | 0.52 |  |  | $ | 0.53 |  |  | $ | (0.01 | )
_____________________ (a) Represents the amounts that would have been reported under GAAP that existed prior to the January 1, 2018 adoption of ASU 2014-09. The impact of ASU 2014-09 on the Company’s Consolidated Statements of Income and Comprehensive Income for the six months ended June 30, 2018 was as follows:
(amounts in thousands, except per share data) |  | As Reported |  | Balances Without Adoption of ASU 2014-09 (a) |  | Effect of Change Higher/(Lower)
Revenues |  |  |  |  |  |
Right-to-use contract upfront payments, deferred, net |  | $ | (3,306 | ) |  | $ | (1,837 | ) |  | $ | 1,469 |
Total revenues |  | $ | 486,527 |  |  | $ | 487,996 |  |  | $ | (1,469 | )
Expenses |  |  |  |  |  |  |
Right-to-use contract commissions, deferred, net |  | $ | (286 | ) |  | $ | 164 |  |  | $ | 450 |
Total expenses |  | $ | 375,989 |  |  | $ | 376,439 |  |  | $ | (450 | )
Consolidated net income |  | $ | 113,346 |  |  | $ | 114,365 |  |  | $ | (1,019 | )
Net income available for Common Stockholders |  | $ | 106,359 |  |  | $ | 107,323 |  |  | $ | (964 | )
Earnings per Common Share - Basic |  | $ | 1.20 |  |  | $ | 1.21 |  |  | $ | (0.01 | )
Earnings per Common Share - Fully Diluted |  | $ | 1.20 |  |  | $ | 1.21 |  |  | $ | (0.01 | )
_____________________ (a) Represents the amounts that would have been reported under GAAP that existed prior to the January 1, 2018 adoption of ASU 2014-09.

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