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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Reconciliation of Basic and Diluted Earnings Per Share | The following tables set forth reconciliations of the basic and diluted earnings per share computations for the periods presented:
|  | Years Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Basic (Loss)/Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net (loss)/income |  | $ | (10,425 | ) |  | $ | 36,633 |  |  | $ | 27,199 |
Less: Income distributed to participating securities |  |  | (2,163 | ) |  |  | (1,595 | ) |  |  | (696 | )
Less: Undistributed income allocable to participating securities |  |  | — |  |  |  | (1,409 | ) |  |  | — |
Net (loss)/income available to common stockholders—Basic EPS |  | $ | (12,588 | ) |  | $ | 33,629 |  |  | $ | 26,503 |
Weighted average common shares (in thousands) |  |  | 151,823 |  |  |  | 146,645 |  |  |  | 134,614 |
Basic (loss)/earnings per share |  | $ | (0.08 | ) |  | $ | 0.23 |  |  | $ | 0.20 |
|  | Years Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Diluted (Loss)/Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net (loss)/income available to common stockholders |  | $ | (12,588 | ) |  | $ | 33,629 |  |  | $ | 26,503 |
Add back: Undistributed income allocable to participating securities |  |  | — |  |  |  | 1,409 |  |  |  | — |
Less: Reallocation of undistributed income allocable to participating securities considered potentially dilutive |  |  | — |  |  |  | (1,403 | ) |  |  | — |
Net (loss)/income available to common stockholders—Diluted EPS |  | $ | (12,588 | ) |  | $ | 33,635 |  |  | $ | 26,503 |
Weighted Average Diluted Shares (in thousands) : |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 151,823 |  |  |  | 146,645 |  |  |  | 134,614 |
Dilutive effect of common stock equivalents, excluding participating securities |  |  | — |  |  |  | 645 |  |  |  | 944 |
Weighted average diluted shares, excluding participating securities (in thousands) |  |  | 151,823 |  |  |  | 147,290 |  |  |  | 135,558 |
Diluted (loss)/earnings per share |  | $ | (0.08 | ) |  | $ | 0.23 |  |  | $ | 0.20 |
Schedule of Weighted Average Number of Shares | The following table reconciles weighted average diluted shares as reported on the Company’s consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017 to the weighted average diluted shares used to calculate diluted (loss)/earnings per share as disclosed in the table above:
|  | Years Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Reconciliation of Weighted Average Diluted Shares (in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Weighted average diluted shares as disclosed on the consolidated statements of operations |  |  | 151,823 | (1) |  |  | 158,415 |  |  |  | 136,003 |
Less: Participating securities: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares of common stock issuable upon conversion of the Preferred Shares (Note 14 ) |  |  | — |  |  |  | (10,709 | ) |  |  | — |
Potentially dilutive restricted stock awards |  |  | — |  |  |  | (416 | ) |  |  | (445 | )
Weighted average diluted shares used to calculate diluted (loss)/earnings per share as disclosed in the table above |  |  | 151,823 | (1) |  |  | 147,290 |  |  |  | 135,558 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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