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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share

 

 

 

Years ended December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

Net income (loss)

 

$

21,695

 

 

$

66,729

 

 

$

(14,974

)

Less: Dividends on preferred shares

 

 

11,277

 

 

 

—

 

 

 

—

 

Net income (loss) available to common stockholders

 

$

10,418

 

 

$

66,729

 

 

$

(14,974

)

Weighted-average common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding (basic)

 

 

26,963,517

 

 

 

20,141,630

 

 

 

17,332,775

 

Incremental shares

 

 

583,797

 

 

 

289,153

 

 

 

—

 

Weighted-average common stock outstanding (dilutive)

 

 

27,547,314

 

 

 

20,430,783

 

 

 

17,332,775

 

Basic earnings per common share

 

$

0.39

 

 

$

3.31

 

 

$

(0.86

)

Diluted earnings per common share

 

$

0.38

 

 

$

3.27

 

 

$

(0.86

)