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Net Income (Loss) per Share (Tables)
 12 Months Ended
Dec. 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 income per share of common stock using the two-class method for the years ended December 31, 2016, 2015 and 2014: 
 
For the year ended December 31,
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income
$
157,876

 
$
103,256

 
$
82,739

Preferred dividends
(30,295
)
 
(11,884
)
 
(7,440
)
Net income available to common stockholders
127,581

 
91,372

 
75,299

Dividends declared on common stock
(141,236
)
 
(111,864
)
 
(71,089
)
Dividends on participating securities
(2,087
)
 
(1,350
)
 
(506
)
Net income (loss) attributable to common stockholders
$
(15,742
)
 
$
(21,842
)
 
$
3,704

Denominator:
 
 
 
 
 
Basic weighted average shares of common stock outstanding
72,371,374

 
58,674,046

 
43,464,255

Diluted weighted average shares of common stock outstanding
73,305,101

 
59,273,280

 
43,684,805

Basic and diluted net income (loss) per weighted average share of common stock
 
 
 
 
 
Distributable Earnings
$
1.96

 
$
1.91

 
$
1.64

Undistributed income (loss)
(0.22
)
 
$
(0.37
)
 
$
0.08

Basic and diluted net income per share of common stock
$
1.74

 
$
1.54

 
$
1.72