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Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2017
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 years ended December 31, 2017, 2016 and 2015: 
 
For the year ended December 31,
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
Net income
$
193,031

 
$
157,876

 
$
103,256

Preferred dividends
(36,761
)
 
(30,295
)
 
(11,884
)
Net income available to common stockholders
156,270

 
127,581

 
91,372

Dividends declared on common stock
(188,431
)
 
(141,236
)
 
(111,864
)
Dividends on participating securities
(2,913
)
 
(2,087
)
 
(1,350
)
Net loss attributable to common stockholders
$
(35,074
)
 
$
(15,742
)
 
$
(21,842
)
Denominator:
 
 
 
 
 
Basic weighted average shares of common stock outstanding
99,859,153

 
72,371,374

 
58,674,046

Diluted weighted average shares of common stock outstanding
101,232,610

 
73,305,101

 
59,273,280

Basic and diluted net income per weighted average share of common stock
 
 
 
 
 
Distributable Earnings
$
1.89

 
$
1.96

 
$
1.91

Undistributed income (loss)
(0.35
)
 
$
(0.22
)
 
$
(0.37
)
Basic and diluted net income per share of common stock
$
1.54

 
$
1.74

 
$
1.54