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Net Income per Share (Tables)
 3 Months Ended
Mar. 31, 2016
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 months ended March 31, 2016 and 2015:

 
For the three 
 months ended 
 March 31,
 
2016
 
2015
Numerator:
 
 
 
Net income
$
18,616

 
$
25,513

Preferred dividends
(5,815
)
 
(1,860
)
Net income available to common stockholders
12,801

 
23,653

Dividends declared on common stock
(30,997
)
 
(25,702
)
Dividends on participating securities
(449
)
 
(261
)
Net income (loss) attributable to common stockholders
$
(18,645
)
 
$
(2,310
)
Denominator:
 
 
 
Basic weighted average shares of common stock outstanding
67,385,191

 
49,563,822

Diluted weighted average shares of common stock outstanding
68,327,718

 
50,171,687

Basic and diluted net income per weighted average share of common stock
 
 
 
Distributable Earnings
$
0.46

 
$
0.52

Undistributed income (loss)
$
(0.28
)
 
$
(0.05
)
Basic and diluted net income per share of common stock
$
0.18

 
$
0.47