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Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 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 income per share of common stock using the two-class method for the years ended December 31, 2015, 2014 and 2013: 
 
For the year ended December 31,
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net income
$
103,256

 
$
82,739

 
$
52,485

Preferred dividends
(11,884
)
 
(7,440
)
 
(7,440
)
Net income available to common stockholders
91,372

 
75,299

 
45,045

Dividends declared on common stock
(111,864
)
 
(71,089
)
 
(59,008
)
Dividends on participating securities
(1,350
)
 
(506
)
 
(798
)
Net income (loss) attributable to common stockholders
$
(21,842
)
 
$
3,704

 
$
(14,761
)
Denominator:
 
 
 
 
 
Basic weighted average shares of common stock outstanding
58,674,046

 
43,464,255

 
35,212,211

Diluted weighted average shares of common stock outstanding
59,273,280

 
43,684,805

 
35,679,755

Basic and diluted net income (loss) per weighted average share of common stock
 
 
 
 
 
Distributable Earnings
$
1.91

 
$
1.64

 
$
1.68

Undistributed income (loss)
(0.37
)
 
$
0.08

 
$
(0.42
)
Basic and diluted net income per share of common stock
$
1.54

 
$
1.72

 
$
1.26