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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share | The following table reconciles the numerator and denominator in computing the Company’s basic and diluted earnings per share for net income (loss) available to common stockholders:
| For the Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Numerator: |  |  |  |  |
Net income (loss) | $ | 43,758 |  |  | $ | (16,082 | ) |  | $ | 23,522 |
Income attributable to preferred stock | (636 | ) |  | (12,105 | ) |  | (12,785 | )
Original issuance costs of redeemed Series B preferred stock | — |  |  | (5,970 | ) |  | — |
Income attributable to participating securities | (766 | ) |  | (356 | ) |  | (274 | )
Income attributable to non-controlling interest in consolidated entities | (9,290 | ) |  | (3,853 | ) |  | (149 | )
(Income) loss attributable to non-controlling units of the operating partnership | (5,848 | ) |  | 21,969 |  |  | (359 | )
Basic net income (loss) available to common stockholders | 27,218 |  |  | (16,397 | ) |  | 9,955 |
Effect of dilutive instruments | 451 |  |  | — |  |  | — |
Diluted net income (loss) available to common stockholders | 27,669 |  |  | (16,397 | ) |  | 9,955 |
Denominator: |  |  |  |  |
Basic weighted average common shares outstanding | 106,188,902 |  |  | 85,927,216 |  |  | 65,792,447 |
Effect of dilutive instruments(1) | 4,180,153 |  |  | — |  |  | 717,000 |
Diluted weighted average common shares outstanding | 110,369,055 |  |  | 85,927,216 |  |  | 66,509,447 |
Basic earnings per common share(2) | $ | 0.26 |  |  | $ | (0.19 | ) |  | $ | 0.15 |
Diluted earnings per common share(2) | $ | 0.25 |  |  | $ | (0.19 | ) |  | $ | 0.15 |
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(1) | The Company includes unvested awards and convertible common units as contingently issuable shares in the computation of diluted EPS once the market criteria are met, assuming that the end of the reporting period is the end of the contingency period. Any anti-dilutive securities are excluded from the diluted EPS calculation.
(2) | In 2014, the Company had a $164 thousand loss from discontinued operations which resulted in $0.00 basic and diluted earnings per share from discontinued operations.

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- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 + Details
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