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Net Income per Share (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2016 and 2015:

 
For the three  
  months ended 
 June 30,
 
For the six 
 months ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income
$
10,338

 
$
24,658

 
$
28,956

 
$
50,169

Preferred dividends
(5,860
)
 
(1,860
)
 
(11,675
)
 
(3,720
)
Net income available to common stockholders
4,478

 
22,798

 
17,281

 
46,449

Dividends declared on common stock
(31,005
)
 
(25,709
)
 
(62,002
)
 
(51,411
)
Dividends on participating securities
(437
)
 
(259
)
 
(885
)
 
(521
)
Net income (loss) attributable to common stockholders
$
(26,964
)
 
$
(3,170
)
 
$
(45,606
)
 
$
(5,483
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares of common stock outstanding
67,402,311

 
58,429,155

 
67,393,751

 
54,020,978

Diluted weighted average shares of common stock outstanding
68,374,557

 
59,022,217

 
68,351,137

 
54,621,401

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

 
$
0.44

 
$
0.92

 
$
0.95

Undistributed income (loss)
$
(0.40
)
 
$
(0.05
)
 
$
(0.68
)
 
$
(0.10
)
Basic and diluted net income per share of common stock
$
0.06

 
$
0.39

 
$
0.24

 
$
0.85