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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) / Income
Retained Earnings
BALANCE, value, at Dec. 31, 2011 $ 182,361,077 $ 163,170 $ 0 $ 176,496,943 $ 0 $ 5,700,964
BALANCE, shares, at Dec. 31, 2011   16,317,000 0      
Issuance of preferred stock, net of issuance costs, value 38,189,597   13,333 38,176,264    
Issuance of preferred stock, net of issuance costs, shares     1,333,333      
Share-based compensation, value 558,339 90   558,249    
Share-based compensation, shares   9,000        
Net income 6,648,374         6,648,374
Unrealized (loss) / gain on cash flow hedges (216,807)       (216,807)  
Dividends paid on common shares ($0.60 per share during the six months ended June 30, 2012 and $0.34 per share during the six months ended June 30, 2013) (9,795,600)         (9,795,600)
Dividends on preferred shares (205,833)         (205,833)
BALANCE, value, at Jun. 30, 2012 217,539,147 163,260 13,333 215,231,456 (216,807) 2,347,905
BALANCE, shares, at Jun. 30, 2012   16,326,000 1,333,333      
BALANCE, value, at Dec. 31, 2012 220,779,283 209,267 6,407 218,810,448 (651,896) 2,405,057
BALANCE, shares, at Dec. 31, 2012   20,926,715 640,692      
Issuance of common shares, net of issuance costs, value 19,942,163 40,000   19,902,163    
Issuance of common shares, net of issuance costs, shares   4,000,000        
Share-based compensation, value 991,453 340   991,113    
Share-based compensation, shares   34,000        
Net income 7,448,858         7,448,858
Unrealized (loss) / gain on cash flow hedges 774,846       774,846  
Dividends paid on common shares ($0.60 per share during the six months ended June 30, 2012 and $0.34 per share during the six months ended June 30, 2013) (8,486,643)     (3,086,300)   (5,400,343)
Dividends on preferred shares (937,012)         (937,012)
BALANCE, value, at Jun. 30, 2013 $ 240,512,947 $ 249,607 $ 6,407 $ 236,617,424 $ 122,950 $ 3,516,559
BALANCE, shares, at Jun. 30, 2013   24,960,715 640,692