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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of the basic and diluted earnings per share
The following table presents a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations and the calculation of basic and diluted earnings per share for the three months ended March 31, 2020 and March 31, 2019 (in thousands, except share and per share data):
 
Three Months Ended March 31,
Numerator
2020
 
2019
Net income/(Loss)
$
(7,400
)
 
$
19,890

Less: Preferred stock dividends
4,515

 
3,320

Less: Undistributed earnings allocated to preferred stock
—

 
462

Net income/(Loss) attributable to common shareholders (for basic and diluted earnings per share)
(11,915
)
 
16,108


 
 
 
Denominator
 
 
 
Weighted-average common shares outstanding for basic earnings per share
44,263,334

 
39,798,215

Effect of dilutive shares:
 
 
 
Unvested restricted shares
11,518

 
13,089

Weighted-average common shares outstanding for diluted earnings per share
44,274,852

 
39,811,304




 


Basic earnings per share
$
(0.27
)
 
$
0.40

Diluted earnings per share
$
(0.27
)
 
$
0.40