XML 50 R40.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Net Income (Loss) per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 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 and six months ended June 30, 2018 and 2017 ($ in thousands except per share data):
| For the three months ended June 30, |  | For the six months ended June, 30
| 2018 |  | 2017 |  | 2018 |  | 2017
Numerator: |  |  |  |  |  |  |
Net income | $ | 55,346 |  |  | $ | 36,235 |  |  | $ | 104,779 |  |  | $ | 83,359 |
Preferred dividends | (6,834 | ) |  | (9,310 | ) |  | (13,669 | ) |  | (18,620 | )
Net income available to common stockholders | 48,512 |  |  | 26,925 |  |  | 91,110 |  |  | 64,739 |
Dividends declared on common stock | (56,588 | ) |  | (48,501 | ) |  | (113,165 | ) |  | (90,647 | )
Dividends on participating securities | (738 | ) |  | (630 | ) |  | (1,489 | ) |  | (1,259 | )
Net loss attributable to common stockholders | $ | (8,814 | ) |  | $ | (22,206 | ) |  | $ | (23,544 | ) |  | $ | (27,167 | )
Denominator: |  |  |  |  |  |  |
Basic weighted average shares of common stock outstanding | 123,019,993 |  |  | 95,428,134 |  |  | 116,651,305 |  |  | 93,530,831 |
Diluted weighted average shares of common stock outstanding | 124,629,317 |  |  | 96,796,289 |  |  | 118,281,153 |  |  | 94,907,762 |
Net income per weighted average share of common stock |  |  |  |  |  |  |
Distributable earnings per share of common stock | $ | 0.46 |  |  | $ | 0.51 |  |  | $ | 0.98 |  |  | $ | 0.97 |
Undistributed loss per share of common stock | $ | (0.07 | ) |  | $ | (0.23 | ) |  | $ | (0.20 | ) |  | $ | (0.29 | )
Basic and diluted net income per share of common stock | $ | 0.39 |  |  | $ | 0.28 |  |  | $ | 0.78 |  |  | $ | 0.68 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration