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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
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 available to common stockholders:
 
Three Months Ended March 31,
 
2017
 
2016
Numerator:
 
 
 
Net income
$
24,153

 
$
5,976

Income attributable to preferred units
(159
)
 
(159
)
Income attributable to participating securities
(240
)
 
(197
)
Income attributable to non-controlling interest in consolidated entities
(3,037
)
 
(1,945
)
Income attributable to non-controlling units of the operating partnership
(202
)
 
(1,422
)
Basic net income available to common stockholders
20,515

 
2,253

Effect of dilutive instruments
149

 
—

Diluted net income available to common stockholders
$
20,664

 
$
2,253

Denominator:
 
 
 
Basic weighted average common shares outstanding
147,950,594

 
89,190,803

Effect of dilutive instruments(1)
1,999,752

 
407,000

Diluted weighted average common shares outstanding
149,950,346

 
89,597,803

Basic earnings per common share
$
0.14

 
$
0.03

Diluted earnings per common share
$
0.14

 
$
0.03

________________
(1)
The Company includes unvested awards and convertible common units as contingently issuable shares in the computation of diluted earnings per share 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 earnings per share calculation.