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Earnings Per Share (Tables)
 12 Months Ended
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

_____________
(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.