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Net Income (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2018
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 (loss) per share of common stock using the two-class method for the three months ended March 31, 2018 and 2017 ($ in thousands except per share data): 
 
For the three months ended March 31,
 
2018
 
2017
Numerator:
 
 
 
Net income
$
49,433

 
$
47,125

Preferred dividends
(6,835
)
 
(9,310
)
Net income available to common stockholders
42,598

 
37,815

Dividends declared on common stock
(56,577
)
 
(42,146
)
Dividends on participating securities
(751
)
 
(630
)
Net loss attributable to common stockholders
$
(14,730
)
 
$
(4,961
)
Denominator:
 
 
 
Basic weighted average shares of common stock outstanding
110,211,853

 
91,612,447

Diluted weighted average shares of common stock outstanding
111,871,429

 
92,998,250

Net income per weighted average share of common stock

 

Distributable earnings per share of common stock
$
0.51

 
$
0.46

Undistributed loss per share of common stock
$
(0.13
)
 
$
(0.05
)
Net income per share of common stock
$
0.38

 
$
0.41