XML 34 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Net Income per Share of Common Stock Using Two-Class Method
The table below presents basic and diluted net income per share of common stock using the two-class method for the years ended December 31, 2014, 2013 and 2012: 
 
For the year ended December 31,
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
Net income
$
82,739

 
$
52,485

 
$
40,181

Preferred dividends
(7,440
)
 
(7,440
)
 
(3,079
)
Net income available to common stockholders
75,299

 
45,045

 
37,102

Dividends declared on common stock
(71,089
)
 
(59,008
)
 
(35,899
)
Dividends on participating securities
(506
)
 
(798
)
 
(628
)
Net income (loss) attributable to common stockholders
$
3,704

 
$
(14,761
)
 
$
575

Denominator:
 
 
 
 
 
Basic weighted average shares of common stock outstanding
43,464,255

 
35,212,211

 
22,259,386

Diluted weighted average shares of common stock outstanding
43,684,805

 
35,679,755

 
22,648,819

Basic and diluted net income (loss) per weighted average share of common stock
 
 
 
 
 
Distributable Earnings
$
1.64

 
$
1.68

 
$
1.61

Undistributed income (loss)
0.08

 
$
(0.42
)
 
$
0.03

Basic and diluted net income per share of common stock
$
1.72

 
$
1.26

 
$
1.64