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Subsequent Events (Tables)
 3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Monthly Distributions Declared by Company's Board of Directors
On April 11, 2017, our Board of Directors declared the following monthly cash distributions to common stockholders and holders of our Term Preferred Stock:
Record Date
 
Payment Date
 
Distribution per
Common Share
 
Dividend per share of Term Preferred Stock
April 21
 
April 28
 
$
0.04350

 
$
0.1328125

May 19
 
May 31
 
0.04350

 
0.1328125

June 21
 
June 30
 
0.04350

 
0.1328125

Total:
 
 
 
$
0.13050

 
$
0.3984375