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Net Income per Share (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Basic and Diluted Net (Loss) Income per Share of Common Stock Using Two-Class Method
The table below presents basic and diluted net (loss) income per share of common stock using the two-class method for the three and six months ended June 30, 2013 and 2012:

 
Three months ended June 30,
 
Six months ended June 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income
$
11,789

 
$
9,910

 
$
23,721

 
$
19,003

Preferred dividends
(1,860
)
 
—

 
(3,720
)
 
—

Net income available to common stockholders
9,929

 
9,910

 
20,001

 
19,003

Dividends declared on common stock
(14,752
)
 
(8,228
)
 
(29,500
)
 
(16,453
)
Dividends on participating securities
(200
)
 
(168
)
 
(395
)
 
(337
)
Net income (loss) attributable to common stockholders
$
(5,023
)
 
$
1,514

 
$
(9,894
)
 
$
2,213

Denominator:
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding
37,373,885

 
20,991,450

 
33,946,329

 
20,978,938

Basic and diluted net income (loss) per weighted average share of common stock
 
 
 
 
 
 
 
Distributable Earnings
$
0.40

 
$
0.40

 
$
0.88

 
$
0.80

Undistributed income (loss)
$
(0.13
)
 
$
0.07

 
$
(0.29
)
 
$
0.11

Basic and diluted net income per share of common stock
$
0.27

 
$
0.47

 
$
0.59

 
$
0.91