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Net Income per Share (Tables)
 9 Months Ended
Sep. 30, 2015
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 (loss) income per share of common stock using the two-class method for the three and nine months ended September 30, 2015 and 2014:

 
For the three  
  months ended 
 September 30,
 
For the nine 
 months ended 
 September 30,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net income
$
25,847

 
$
19,159

 
$
76,016

 
$
60,698

Preferred dividends
(2,304
)
 
(1,860
)
 
(6,023
)
 
(5,580
)
Net income available to common stockholders
23,543

 
17,299

 
69,993

 
55,118

Dividends declared on common stock
(29,544
)
 
(18,739
)
 
(80,955
)
 
(52,329
)
Dividends on participating securities
(258
)
 
(88
)
 
(779
)
 
(262
)
Net income (loss) attributable to common stockholders
$
(6,259
)
 
$
(1,528
)
 
$
(11,741
)
 
$
2,527

Denominator:
 
 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
59,355,613

 
46,848,675

 
55,818,731

 
42,322,380

Diluted weighted average shares of common stock outstanding
59,934,008

 
47,068,929

 
56,415,082

 
42,538,744

Basic and diluted net income per weighted average share of common stock
 
 
 
 
 
 
 
Distributable Earnings
$
0.50

 
$
0.40

 
$
1.45

 
$
1.24

Undistributed income (loss)
$
(0.11
)
 
$
(0.03
)
 
$
(0.21
)
 
$
0.06

Basic and diluted net income per share of common stock
$
0.39

 
$
0.37

 
$
1.24

 
$
1.30