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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per common share
The following tables set forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2017 and June 30, 2016.
 
 
Three months ended June 30,
 
Six months ended June 30,
Earnings Per Share (in thousands, except share data)
 
2017
 
2016
 
2017
 
2016
Numerator
 
 
 
 
 
 
 
 
Net income (loss)
 
$
1,368

 
$
(9,941
)
 
$
1,437

 
$
2,391

Less: preferred stock dividends
 
2,448

 
4,001

 
4,897

 
6,913

Less: amount allocated to participating securities
 
83

 
95

 
166

 
195

Less: loss attributable to noncontrolling interest after preferred stock dividends
 
(44
)
 
(718
)
 
(145
)
 
(232
)
Net loss attributable to common stockholders
 
$
(1,119
)

$
(13,319
)
 
$
(3,481
)
 
$
(4,485
)
Denominator
 
 

 
 
 
 
 
 
Weighted average common shares outstanding — basic and diluted(1)
 
88,181,117

 
67,910,361

 
85,012,106

 
67,899,789

Net loss per share
 
 
 
 
 
 
 
 
Net loss per share — basic and diluted
 
$
(0.01
)
 
$
(0.20
)
 
$
(0.04
)
 
$
(0.07
)
(1)
During the three and six months ended June 30, 2017 and June 30, 2016, there were 237,382, 238,598, 275,426 and 280,442, respectively, unvested shares of restricted common stock on a weighted average basis that were not included in the computation of diluted earnings per share because to do so would have been antidilutive for the period. During the three and six months ended June 30, 2017 and June 30, 2016, there were 670,419, 666,213, 258,904, and 163,593, respectively, unvested Performance-based Compensation Plans on a weighted average basis that were not included in the computation of diluted earnings per share because to do so would have been antidilutive for the period.